Salary word problem question

Question

Maria received an annual salary of $48,048 for a 40-hour workweek and was paid on a bi-weekly basis. What would she receive for a pay-period in which she worked 8 hours of overtime? Assume that her overtime was paid at time and a half.

Answer 1

Hello, Victoria. So if she receives $48,048 a year and there are 52 weeks in a year, then $48048 ÷ 52 = $924 per week. Divide 924 by 40 hours in a week = $23.10/ hr. So in a 2-week period she makes $23.10 x 80 hours = $1,848. However, if she works 8 hours of overtime at a rate of time and a half, then she is making $23.10 x 1.5 = $34.65/hr . Multiply the extra 8 hours x 34.65 = $277.20. Therefore, for that specific pay period, she would receive $1,848 + $277.20 = $2,125.20