Francis Kenney Is Paid $26 an Hour for Straight-Time and $31

question 59

Multiple Choice

Francis Kenney is paid $26 an hour for straight-time and $31 an hour for overtime. One week she worked 46 hours, which included 6 hours of overtime. What is the overtime premium incurred to the company?

• A) $186
• B) $72
• C) $31
• D) $432

---

Definitions:

Maturity

The date on which a financial obligation, such as a bond or loan, is due to be fully repaid.

Receivable

An amount owed to a business, typically by customers, that is expected to be paid within a short duration.

Party

An individual or entity involved in a legal transaction or agreement.

Federal Laws

Laws created and enforced by the federal government of a country.