EX $2-26($Algo$)$ Overtime Cost $($LO $2-5)$

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A computer operator at a blog hosting company earns $$16\mathrm{.}00$ per hour. By contract, the employee earns $$24\mathrm{.}00($time and a half$)$ for overtime hours. The operator worked $43$ hours during the first week of May, and overtime is paid after the usual $40$ hours.