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22 February, 00:03

Mark and Joe work as jewelers mark has an hourly wage of $24 and gets overtime for every hour he works over 40 hours the overtime pay rate is 150% of the normal rate Joe makes 5% commission on all jewelry he sells who earns more money in a week if mark works 60 hours and Joe sells $21000 worth of jewelry? Explain

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  1. 22 February, 01:04
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    Mark earns more money.

    Step-by-step explanation:

    Mark: $24/h; 150% OT

    Calculate Mark's overtime (OT) pay

    Convert OT rate to decimals - -> 150% = 1.5

    Mark's OT wage is 1.5*$24 = $36

    Mark worked for 20h OT. (60h-40h = 20h)

    (Regular pay X regular hours worked) + (OT wage X OT hours worked)

    = ($24 X 40h) + ($36 X 20h)

    = $1680

    Joe: 5% commission

    Convert 5% to decimals - -> 0.05

    (Jewelry sold) X (commission rate)

    = $21000 X 0.05

    = $1050

    Since $1680 > $1080, Mark earns more.
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