Mike earns $10.60 per hour regular pay. He also earns time and a half overtime pay. Last week, he worked 45 hours. (Anything over 40 hours is overtime).

What was his total pay?

Group of answer choices

$503.50

$424.00

1 answer

To calculate Mike's total pay, we need to determine his regular pay and his overtime pay separately.

Regular pay = Regular hourly rate * Regular hours worked
Regular pay = $10.60/hour * 40 hours = $424.00

Overtime pay = Overtime hourly rate * Overtime hours worked
Overtime pay = ($10.60/hour * 1.5) * (45 hours - 40 hours)
Overtime pay = ($10.60/hour * 1.5) * 5 hours
Overtime pay = $15.90/hour * 5 hours = $79.50

Total pay = Regular pay + Overtime pay
Total pay = $424.00 + $79.50 = $503.50

Therefore, Mike's total pay is $503.50.