Under a modified wage plan, an employee earns $.75 for each finished unit and is guaranteed $10 per hour as a minimum wage. If the daily quota is 100 units, on a particular day when an employee completes 85 units and works 8 hours, the amount of the make-up guarantee will be:
A)$80.00
B)$72.25
C)$16.25
D)$5.00

Question

Quizplus · Accepted Answer

Make-up guarantee = ($10 F1F1F1S1F1F1F10 8 hours) - ($.75 F1F1F1S1F1F1F10 85 pieces) = $16.25

Under a Modified Wage Plan, an Employee Earns