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Michelle is a financial analyst who works 47.75 hours a week. Michelle earns $27 per hour as a financial analyst, and her overtime pay
Question
Michelle is a financial analyst who works 47.75 hours a week. Michelle earns $27 per hour as a financial analyst, and her
overtime pay rate is time-and-a-half. If full-time employment is considered 40 hours per week, how much does Michelle
earn each week? Round to the nearest penny.
O $1,353.78
$1,393.88
$1,423,68
o $1.453.68
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2021-09-01T21:16:57+00:00
2021-09-01T21:16:57+00:00 1 Answers
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9514 1404 393
Answer:
(b) $1,393.88
Step-by-step explanation:
For each overtime hour, Michelle is paid for 1.5 hours. That is we can figure her pay as though she worked straight time for …
47.75 hours + (7.75 hours)/2 = 51.625 hours
That pay is …
(51.625 h)($27/h) = $1393.88