Under a Modified Wage Plan, an Employee Earns

Multiple Choice

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