Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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4.You are the payroll manager for a women's apparel company. Your workers are paid per garment sewn on a differential piecework schedule as follows.
Pay Level | Garments Produced | Rate per Garment |
---|---|---|
1 | 1—50 | $2.60 |
2 | 51—100 | $3.25 |
3 | 101—150 | $3.50 |
4 | Over 150 | $4.10 |
Calculate last week's total gross pay (in $) for employee "Goodrich, P." who produced 103 garments.
$
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