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1 Under a modified wage plan, Jim Phillips works and eight hour day and earns $.50 for each finished unit he produces in excess of

1 Under a modified wage plan, Jim Phillips works and eight hour day and earns $.50 for each finished unit he produces in excess of 200 units. However, he is guaranteed $12.50 per hour as a minimum wage. His production this week was as follows:

Monday 220 units

Tuesday 180 units

Wed 200 units

Thurs 200 units

Friday 190 units

What were Jim's TOTAL EARNINGS this week? a. $500 b. 510 c. 495 d. 515

2. Harrison Carter, who is a classified as direct labor, earns $800 per weeks and is entitled to three weeks of vacation and 10 holidays each year. How much SHOULD BE ACCRUED FOR HIS VACATION EACH WEEK. (show all work )a. $85.11 b. 46.15 c. 48.98 d.76.92

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