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

Question 51

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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 as 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 as 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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