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Under a Modified Wage Plan, Jim Phillips Works an Eight-Hour

Question 21

Multiple Choice

Under a modified wage plan, Jim Phillips works an eight-hour day and earns $.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 this week was a follows: Under a modified wage plan, Jim Phillips works an eight-hour day and earns $.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 this week was a follows: What were Jim's total earnings this week? A) $500 B) $510 C) $495 D) $515 What were Jim's total earnings this week?


A) $500
B) $510
C) $495
D) $515

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