Use the tables to answer the question.
Company A
Hours of Work Pay ($)
5.5 140.25
22.0 561.00
35.0 892.50
40.0 1,020.00
Company B
Hours of Work Pay ($)
4.0 114.00
10.6 302.10
20.5 584.25
35.0 997.50
Based on the tables showing what two leading gas brands pay employees, compare which company pays the higher rate. Which answer provides the correct company and hourly rate?
(1 point)
Responses
Company A has the best hourly rate of $25.50/hour.
Company A has the best hourly rate of $25.50/hour.
Company B has the best hourly rate of $997.50/40 hours.
Company B has the best hourly rate of $997.50/40 hours.
Company B has the best hourly rate of $28.50/hour.
Company B has the best hourly rate of $28.50/hour.
Company A has the best hourly rate of $1,020/40 hours.
Company A has the best hourly rate of $1,020/40 hours.
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The correct answer is: Company A has the best hourly rate of $25.50/hour.
To compare which company pays the higher rate, we need to calculate the hourly rate for each company.
For Company A:
- The pay for working 5.5 hours is $140.25
- The pay for working 22 hours is $561.00
- The pay for working 35 hours is $892.50
- The pay for working 40 hours is $1,020.00
To calculate the hourly rate for Company A, we divide the pay by the hours worked:
- For 5.5 hours: $140.25 / 5.5 = $25.50/hour
- For 22 hours: $561.00 / 22 = $25.50/hour
- For 35 hours: $892.50 / 35 = $25.50/hour
- For 40 hours: $1,020.00 / 40 = $25.50/hour
For Company B:
- The pay for working 4 hours is $114.00
- The pay for working 10.6 hours is $302.10
- The pay for working 20.5 hours is $584.25
- The pay for working 35 hours is $997.50
To calculate the hourly rate for Company B, we divide the pay by the hours worked:
- For 4 hours: $114.00 / 4 = $28.50/hour
- For 10.6 hours: $302.10 / 10.6 = $28.50/hour
- For 20.5 hours: $584.25 / 20.5 = $28.50/hour
- For 35 hours: $997.50 / 35 = $28.50/hour
Comparing the hourly rates, we find that Company A has an hourly rate of $25.50/hour and Company B has an hourly rate of $28.50/hour. Therefore, the correct company and hourly rate is:
Company B has the best hourly rate of $28.50/hour.
To compare the hourly rates between Company A and Company B, we need to look at the pay per hour for each company.
For Company A, we can calculate the hourly rate by dividing the pay by the hours of work. Taking the last entry from the table, 40.0 hours and $1,020.00 pay, we divide $1,020.00 by 40.0 to get an hourly rate of $25.50.
For Company B, we can do the same calculation. Taking the last entry from the table, 35.0 hours and $997.50 pay, we divide $997.50 by 35.0 to get an hourly rate of $28.50.
Comparing the two hourly rates, we can see that Company B has the higher rate at $28.50/hour. Therefore, the correct answer is: Company B has the best hourly rate of $28.50/hour.