Question

Theresa is an accountant who works 57.25 hours a week. Theresa earns $30 per hour as an accountant, and her overtime pay rate is time-and-a-half. If full-time employment is considered 40 hours per week, how much does Theresa earn each week?

$1,952.25
$1,976.25
$1,986.25
$1,992.25

Answer 1

It would be the 2nd option. 1976.25 is the answer using the below calculations.


How?

57.25 total hours... break it down

40*$30= $1200

Plus

17.25 *($30*1.5) ... or 17.25*$45=$776.25

$1200+$776.25=$1976.25