If a Company Wants an Employee to Average About $14

question 36

Multiple Choice

If a company wants an employee to average about $14.00 per hour to produce 60 units per hour, plus it provides a base salary of $7.00 per hour, what should be the incentive rate per hour?

• A) $0.117
• B) $8.54
• C) $0.333
• D) $1.25

---

Definitions:

Taxes

Mandatory financial charges or levies imposed by a government on individuals or organizations to fund public expenditures.

Transfers

Movements of resources, goods, or funds from one place, person, or entity to another, often without receiving something in return.

Households

Units of individuals living together, making decisions regarding consumption, savings, and investments, playing a key role in the economic system.

Total Income

The sum of all earnings received by an individual or entity, including wages, salaries, and investment returns.