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Question No 1: Under a modified wage plan, Kim works an eight-hour duy and carns $0.50 for each finished unit he produces in excess of
Question No 1: Under a modified wage plan, Kim works an eight-hour duy and carns $0.50 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 during weck was as follow: Monday 220units Tuesday 180 units Wednesday 200 unics Thursday 200 units Friday 190 units Calculate the makeup buarantec paid to Kim this weok? And total earning of Kim. Question 2: Under a modified wage plai, an employee earus $75 for each finished unit and is guaranteed $10 per hour as a ninimun wage. If the daily quota is 100 units, on a particular day when an employee completes 85 units and work 8 hours. Calculate the amount of makeup guarantee
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