medium · GMAT Quant
A factory employee's weekly wage schedule pays a regular rate R = $30 per hour for the first 40 hours; 1.5 × R for hours from 41 to 50; 2.0 × R for hours above 50. A contractor arrangement pays a flat rate of $42 per hour for all hours worked plus a fixed $100 weekly admin fee.
How much less is the total payout under the employee wage schedule than under the contractor arrangement for a 58-hour workweek?
- $106
- $306
- $406
- $506
- $2,130
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