Ronaldo earns $21 per hour and works 40 hours a week. Last week he worked 48 hours; given that his company pays time and a half for overtime-what is Ronaldo's gross pay for the week? (Assume overtime is any time over 40 hours per week. (Assume overtime is any time over 40 hours per week. Round intermediary calculations and your final answer to the nearest cent.)

Question

Quizplus · Accepted Answer

Ronaldo's regular pay for 40 hours is $21/hour x 40 hours = $840.
For the 8 hours of overtime, he is paid time and a half, which is 1.5 x $21/hour = $31.50/hour.
So, his overtime pay is $31.50/hour x 8 hours = $252.
His total gross pay is then $840 + $252 = $1,092. Therefore, the correct answer is (D).

Ronaldo Earns $21 Per Hour and Works 40 Hours a Week