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i need typed answer with explanation Under a modified wage plan, Jim Phillips works an eight-hour day and earns $.50 for each finished unit he
i need typed answer with explanation
Under a modified wage plan, Jim Phillips 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. $12.50
d. $15
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