You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?
• $30,000/year
• $15.00/hour
• $30,000/year with a 10% bonus
• $15.00/hour and a $2,000 bonus at the end of the year
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1. Salaried employees are _____.
(1 pt) paid a set amount for a set number of hours.
2. Voluntary deductions include ____.
(1 pt) health insurance premiums.
3. You work 40 hours/week for 52 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?
(1 pt) $15.00/hour and a $2,000 bonus at the end of the year.
4. You work 40 hours/week for 50 weeks and are given the option to be paid hourly or to go on salary. In which situation will you earn the most?
(1 pt) $30,000/year with a 10% bonus.
THANK YOU SO MUCH!!
ごめんなさい is right! I got 100%!!
To determine which situation will result in the highest earnings, we can calculate the total amount earned in each scenario.
1. $30,000/year:
If you are paid a fixed salary of $30,000 per year, regardless of the number of hours worked, you will earn $30,000.
2. $15.00/hour:
If you are paid hourly at a rate of $15.00/hour, we can calculate your total earnings as follows:
Hourly rate: $15.00
Hours per week: 40
Weeks per year: 52
Total earnings = Hourly rate x Hours per week x Weeks per year
Total earnings = $15.00/hour x 40 hours/week x 52 weeks/year = $31,200
3. $30,000/year with a 10% bonus:
In this scenario, you would earn a base salary of $30,000 per year, with an additional 10% bonus. To calculate your total earnings, we consider the bonus amount:
Bonus amount = 10% of $30,000 = $3,000
Total earnings = Base salary + Bonus amount
Total earnings = $30,000 + $3,000 = $33,000
4. $15.00/hour and a $2,000 bonus at the end of the year:
In this situation, you would receive a bonus of $2,000 at the end of the year in addition to your hourly wage. To calculate your total earnings, we add the bonus amount to the earnings calculated in scenario 2:
Total earnings = Scenario 2 earnings + Bonus amount
Total earnings = $31,200 + $2,000 = $33,200
Based on these calculations, the situation that will result in the highest earnings is option 4: $15.00/hour and a $2,000 bonus at the end of the year, with total earnings of $33,200.