A worker is paid weekly, but his wage is calculated on a daily basis. In the three days of interest he worked on the same job, which had a time standard of 4.0 min per work unit. The worker is paid a rate of $14.00/hr in a standard hour plan that has a guaranteed base rate. Determine (a) the worker’s wages and (b) the direct labor costs per work unit to the company for each of the three days if he produced 110 work units on the first day, 125 units on the second day, and 145 units on the third day

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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A worker is paid weekly, but his wage is calculated on a daily basis. In the three days of interest he worked on the same job, which had a time standard of 4.0 min per work unit. The worker is paid a rate of $14.00/hr in a standard hour plan that has a guaranteed base rate. Determine (a) the worker’s wages and (b) the direct labor costs per work unit to the company for each of the three days if he produced 110 work units on the first day, 125 units on the second day, and 145 units on the third day.

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