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Lilit [14]
3 years ago
12

Malik Boykin is paid $8.20 per hour. and time and a half for any work over 40 hours

Business
1 answer:
Viefleur [7K]3 years ago
6 0

<u>Pay of Malik Boykin:</u>

Step 1:

Adding the total hours for each week:

Week of 3/10 = 5.5+6+9+12+7 = 39.5

Week of 3/17 = 8+8.5+9+13+4.5+4 = 47

Step 2:

Any sum of 40 hours or less gets multiplied by the hourly salary:

Week of 3/10: 39.5\times\$8.20 = \$323.90 - That's the pay for that week

Week of 3/17: 40\times\$8.20 = \$328

Step 3:

For hours worked over 40 the salary is 1.5 times the normal salary:

\Rightarrow\$8.20\times1.5 = \$12.30

Now multiply the hours over 40 for that week by the time and a half:

\Rightarrow\$12.30\times7 = \$86.10

And adding it to the \$328 we get,

\$328+\$86.10=\$414.10

Therefore,  Week of 3/10: \bold{\$323.90}  and  Week of 3/17: \bold{\$414.10}

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<h3>What is expected value?</h3>

In mathematics under the probability distribution theory, the expected value is the weighted average of possible values of some random variables.  The weights are based on the theoretical probabilities of the variables.

<h3>Data and Calculations:</h3>

Cost per unit = $20

Selling price per unit = $50

<h3>Projected Demand</h3>

  Demand Units    Probability      Expected Demand Units

1.    50 units             40%                 20 units (50 x 40%)

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Total expected demand units =    57 units

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2 years ago
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Complete Question: in order

<em>Identify which option in the following groups is punctuated correctly</em>

1.

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b. The conferences were scheduled for: October 1, November 1, and December 1.

c. The conferences were scheduled for October 1, November 1, and December 1.

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