If a company wants an employee to average about $14.00 per hour to produce 60 units per hour,in addition to a base salary of $7.00 per hour,what should be the incentive rate per hour?
A)$0.117
B)$8.54
C)$0.333
D)$1.25

Question

Quizplus · Accepted Answer

The incentive rate per hour is the difference between the desired average hourly wage and the base salary, divided by the number of units produced per hour. In this case, the incentive rate per hour is ($14.00 - $7.00) / 60 = $0.117.

If a Company Wants an Employee to Average About $14