If the average nonovertime wage rate is $5.00 per hour, but hourly employees average 50 hours per week, what is the actual wage average per hour?

Question

Quizplus · Accepted Answer

The actual wage average per hour can be calculated as the total weekly pay divided by the total number of hours worked. If the average nonovertime wage rate is $5.00 per hour, and hourly employees average 50 hours per week, then their total weekly pay would be 50 hours x $5.00 per hour = $250.00. Dividing this total pay by the total number of hours worked gives an actual wage average per hour of $250.00 ÷ 50 hours = $5.50. Therefore, the correct answer is C.

If the Average Nonovertime Wage Rate Is $5