Questions: Find the wages for 50 hours of work, using "time and a half" overtime pay after 40 hours.
Transcript text: Find the wages for 50 hours of work, using "time and a half" overtime pay after 40 hours.
Solution
Solution Steps
Step 1: Determine if Overtime is Applicable
Since the total hours worked \(H = 50\) is greater than the overtime threshold \(T = 40\),
the standard pay is calculated for the threshold hours as \(T \times R = 40 \times 15 = 600\),
and the overtime pay is calculated as \((H - T) \times R \times M = 10 \times 15 \times 1.5 = 225\).
Step 2: Calculate Total Pay
The total pay is the sum of the standard pay and the overtime pay (if any),
which equals \(600 + 225 = 825\).
Final Answer:
The total wages for 50 hours worked, considering a standard hourly rate of 15,
an overtime rate multiplier of 1.5, and an overtime threshold of 40 hours,
is \$825 (rounded to 2 decimal places).