Alan Is an Hourly Worker Who Earns $10

question 65

Multiple Choice

Alan is an hourly worker who earns $10.50 per hour and is paid overtime for any time over 40 hours per week. During a weekly period, he worked the following hours: What is his gross pay for the week using both quarter-hour and hundredth hour methods? (Do not round interim calculations. Round final answer to two decimal places.)

• A) $420.00; $439.69
• B) $ 435.75; $439.43
• C) $420.00; $429.67
• D) $420.00; $434.69

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Definitions:

Self-sufficiency

Self-sufficiency refers to the ability of an individual, community, or nation to meet its needs without external assistance.

Functional Products

Goods designed primarily for their utility and performance rather than their aesthetic qualities.

Achievement-motivated

A characteristic of individuals who are driven by a strong desire to accomplish significant goals, often seeking out challenges and demonstrating persistence.

Services

Intangible activities or benefits provided by one party to another, often in exchange for payment.