Under a modified wage plan,an employee earns $1.55 for each finished unit and is guaranteed $18 per hour as a minimum wage.If the daily quota is 96 units,on a particular day when an employee completes 90 units and works 8 hours,the amount of the make-up guarantee will be:
A)$18.00
B)$9.00
C)$4.50
D)$13.50

Question

Quizplus · Accepted Answer

The employee earns $1.55 per unit for 90 units, totaling $139.50. The guaranteed minimum wage for 8 hours is $144. The make-up guarantee is the difference: $144 - $139.50 = $4.50.

Under a Modified Wage Plan,an Employee Earns $1