Question 37 • ****Spring 2026 Financial Math - MA2007 MQS21QXV
The table below shows the typical hours worked by employees at a company. A salaried employee makes $50,000 per year. Hourly employees get paid $20 per hour, but get $30 per hour for each hour over 40 hours.Sun.Mon.Tues.Wed.Thurs.Fri.Sat.08899.57.54Which of the payment options would you recommend to a new employee?
Answer
A
Either one. Hourly and salaried employees earn the same amount per week.
B
Hourly pay. Hourly employees make more per week than salaried employees.
C
Salaried pay. Salaried employees make more per week than hourly employees.
D
There is not enough information given to compare weekly earnings.
Explanation
The schedule totals 46 hours: 0 + 8 + 8 + 9 + 9.5 + 7.5 + 4. Hourly pay is $20 for the first 40 hours and $30 for the 6 overtime hours, so weekly pay is (40 × $20) + (6 × $30) = $980. A $50,000 annual salary is about $50,000 ÷ 52 = $961.54 per week, so hourly employees earn more; the recommended choice is hourly pay.
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