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9 July, 01:23

Jose cruz earns $2,275 each month and works 37.5 hours each week. his employer pays him overtime (for hours beyond 37.5) and uses the overtime premium approach. cruz's overtime premium hourly rate is

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  1. 9 July, 04:31
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    The answer is "$7".

    This is how we calculate this;

    Amount Jose earn per month = $2,275

    Number of months in a year = 12

    number of weeks in a year = 52

    working hours = 37.5

    cruz's overtime premium hourly rate is = ? = x

    $2,275 * 12 = $27,300

    $27,300 : 52 = $525

    $525 : 37.5 = $14.00

    $14.00 * 0.5

    =$7
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