Highlander Cutlery manufactures kitchen knives. One of the employees, whose job is to cut out wooden knife handles, worked 53 hours during a week in January. The employee earns $16 per hour for a 40-hour week, and overtime is paid after 40 hours. For additional hours the employee is paid an overtime rate of $21 per hour. The employee’s time was spent as follows:
Regular duties involving cutting out knife handles45hoursGeneral shop cleanup duties5hoursIdle time due to power outage3hours
Required:
1. Calculate the total cost of the employee’s wages during the week described above.
total cost of wages=