A restaurant employees 40 people. Each employee is scheduled to work 150 hours per month and is paid $15 per hour. The restaurant is busy and each employee can work up to an additional 20% of the regular schedule on overtime. Overtime is compensated at 1.5 times the regular wage rate. If all employees worked all regular and all overtime hours in a month, how much would the labour cost be for the month?Multiple Choice$90,000$112,000$105,000$117,000

One week, Charlotte earned $333.00 at her job when she worked for 18 hours. If she is paid the same hourly wage, how many hours would she have to work the next week to earn $425.50?

Suppose the demand faced by a labor monopsony is W = 20,000 – 50l, where W is the annual wage and l is the number of workers hired. The labor supply is given by W = 5,000 + 75l. How many workers will the firm hire?

In a restaurant, the cost of providing a particular typeof food is partly constant and partly inverselyproportional to the number of people. If the cost perhead for 100people is 30k and the cost for 40 people is60k, find the cost for 50people*15k4520k50k40k

For the second week of March, Susan Sanchez worked 45 hours. Susan earns $19.20 an hour. Her employer pays overtime for all hours worked in excess of 40 hours per week and pays 1.5 times the hourly rate for overtime hours.Calculate the following for the second week of March (round your responses to the nearest cent if necessary):1. Regular pay amount: $2. Overtime pay: $3. Gross pay:

Labor InformationRegular Rate $17.00/hrOvertime Rate $22.50/hrTargeted Labor Cost $11,050/wkLabor Hours Needed 650/wkAny hour worked over 40 hrs/wk must be paid overtime rate1729277492650How many workers are needed to meet the targeted labor cost?