When John works overtime (any hours over 40 hours a week), he is paid 1.5 times his regular hourly rate. Last week, he worked 62 hours. If his regular hourly rate is $7.50, what amount did he earned last week?
Oh, John definitely hit the jackpot with overtime! Let's do some math:
John worked 62 hours, so he worked 40 regular hours and 22 overtime hours (62 - 40 = 22).
For the regular hours, he gets paid his regular hourly rate of $7.50.
For the overtime hours, he gets paid 1.5 times his regular hourly rate. So, he gets $7.50 x 1.5 = $11.25 for each overtime hour.
Let's calculate the earnings now:
Regular earnings: 40 hours x $7.50/hour = $300
Overtime earnings: 22 hours x $11.25/hour = $247.50
Total earnings: $300 (regular) + $247.50 (overtime) = $547.50
John earned a whopping $547.50 last week! I hope he treats himself to something nice.
To calculate John's earnings last week, follow these steps:
Step 1: Determine John's regular hours worked. Since John works 40 hours a week, subtract this amount from his total hours worked:
62 hours - 40 hours = 22 hours
Step 2: Calculate John's overtime hours. John worked 22 hours in excess of his regular hours:
22 overtime hours
Step 3: Determine John's overtime pay rate. John is paid 1.5 times his regular hourly rate, so multiply his regular rate by 1.5:
$7.50/hr * 1.5 = $<<7.50*1.5=11.25>>11.25/hr (overtime rate)
Step 4: Calculate John's regular wages. Multiply John's regular hours worked by his regular hourly rate:
40 hours * $7.50/hr = $<<40*7.50=300>>300 (regular wages)
Step 5: Calculate John's overtime wages. Multiply John's overtime hours by his overtime hourly rate:
22 hours * $11.25/hr = $<<22*11.25=247.50>>247.50 (overtime wages)
Step 6: Calculate John's total earnings. Add John's regular wages to his overtime wages:
$300 + $247.50 = $<<300+247.50=547.50>>547.50
John earned $547.50 last week.
To find out how much John earned last week, we need to calculate his regular pay for the first 40 hours and his overtime pay for the additional 22 hours.
1. Calculate regular pay: John's regular pay is calculated by multiplying his regular hourly rate ($7.50) by the number of regular hours worked (40).
Regular pay = $7.50/hour * 40 hours = $300
2. Calculate overtime pay: John's overtime pay is calculated by multiplying his regular hourly rate ($7.50) by 1.5 (since he is paid 1.5 times his regular hourly rate for any overtime hours) and then multiplying it by the number of overtime hours worked (22).
Overtime pay = ($7.50/hour * 1.5) * 22 hours = $247.50
3. Calculate total earnings: To calculate John's total earnings, we add his regular pay and overtime pay together.
Total earnings = Regular pay + Overtime pay
= $300 + $247.50
= $547.50
Therefore, John earned $547.50 last week.