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Solve the problem.Mike Penn is an employee of Acme Manufacturing Company. He has an 8-hr workday and ...

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Solve the problem.Mike Penn is an employee of Acme Manufacturing Company. He has an 8-hr workday and ...

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Mike Penn is an employee of Acme Manufacturing Company. He has an 8-hr workday and each day is paid $0.30 for each unit produced or the hourly rate, whichever is greater. His hourly rate is $6.50 per hour. Last week he produced 101 units on Monday, 167 units on Tuesday, 124 units on Wednesday, 136 units on Thursday, and 147 units on Friday. What were his gross earnings for the week?

▸ $243.25

▸ $260.00

▸ $296.50

▸ $308.00

Textbook

Business Mathematics

Edition: 15^th

Authors: Clendenen, Moninger

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