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26. Under a modified wage plan, Him works an eight-hour day and earns $.50 for each finished unit he produces in excess of 200 units.
26. Under a modified wage plan, Him works an 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 Wednesday 200 units Thursday 200 units Friday 190 units How much was the make-up guarantee paid to Jim this week? a $10 b. $5 c. $15 d. $12.50 27. Under a modified wage plan, Him works an 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 Wednesday 200 units Thursday 200 units Friday 190 units What were Jim's total earnings this week? a $500 b. $510 c. $495 d. $515
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