To determine which company pays the highest hourly rate, we need to calculate the hourly rate for each company. The hourly rate can be calculated by dividing the pay by the hours of work.
For Company A:
Hourly rate = Pay ($) / Hours of work
For the given data:
1. For the first entry:
Hourly rate = 140.25 / 5.5 = $25.50/hour
2. For the second entry:
Hourly rate = 561.00 / 22.0 = $25.50/hour
3. For the third entry:
Hourly rate = 892.50 / 35.0 = $25.50/hour
4. For the fourth entry:
Hourly rate = 1,020.00 / 40.0 = $25.50/hour
Therefore, the correct answer is "Company A has the best hourly rate of $25.50/hour."
Now let's calculate the hourly rate for Company B:
1. For the first entry:
Hourly rate = 114.00 / 4.0 = $28.50/hour
2. For the second entry:
Hourly rate = 302.10 / 10.6 = $28.50/hour
3. For the third entry:
Hourly rate = 584.25 / 20.5 = $28.50/hour
4. For the fourth entry:
Hourly rate = 997.50 / 35.0 = $28.50/hour
Therefore, the correct answer is not "Company B has the best hourly rate of $997.50/40 hours."
In conclusion, the correct answer is "Company A has the best hourly rate of $25.50/hour."
Company A
Hours of work: 5.5, 22.0, 35.0, 40.0
Pay ($): 140.25, 561.00, 892.50, 1,020.00
Company B
Hours of work: 4.0, 10.6, 20.5, 35.0
Pay ($): 114.00, 302.10, 584.25, 997.50
Based on the tables showing what two leading gas brands pay employees, compare which company pays the high rate. Which answer provides the correct company and hourly rate?
Options:
Company A has the best hourly rate of $25.50/hour
Company B has the best hourly rate of $997.50/40 hours.
Company A has the best hourly rate of $1,020/40 hours
Company B has the best hourly rate of $28.50/hour
1 answer