Todd earns an hourly rate of $20 and had taxes withheld totaling $200.What would his net earnings be if he worked 44 hours (assuming double time over 40 hours)?
A)$760
B)$780
C)$720
D)$860

Question

Quizplus · Accepted Answer

Todd earns $20 per hour for the first 40 hours, totaling $800. For the 4 hours of overtime, he earns double time, which is $40 per hour, totaling $160. His gross earnings are $800 + $160 = $960. After $200 in taxes, his net earnings are $960 - $200 = $760.

Todd Earns an Hourly Rate of $20 and Had Taxes