Diane Is a Salaried,nonexempt Worker with a Standard Workweek of 40

question 49

Multiple Choice

Diane is a salaried,nonexempt worker with a standard workweek of 40 hours.During the last weekly pay period,she earned $148.24 in overtime pay for 5 hours overtime.What is her annual salary? (Do not round intermediate calculations.Round your answer to the nearest whole dollar. )

• A)$42,500
• B)$41,112
• C)$44,950
• D)$48,720

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Definitions:

Total Revenue

The total amount of money generated by a company or entity from its business activities, such as sales of goods or services, before any expenses are subtracted.

Opposite Direction

A concept reflecting movement, tendency, or orientation diametrically different from a reference point or direction.

Relatively Elastic

Describes a supply or demand curve in economics that shows a greater sensitivity or responsiveness to changes in price.

Price-Elasticity

A measure of how much the quantity demanded or supplied of a good changes in response to a change in its price.