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trasher [3.6K]
3 years ago
15

(HELP FOR 100 POINTS) State the minimum monthly income and hourly wage per worker needed to cover monthly expenses for the famil

y you used in part a. Then, explain how to calculate the hourly wage based on the monthly income and state the hourly wage. Assume that each full-time worker works four 40-hour work weeks per month, and each part-time worker works two 40-hour weeks per month.

Mathematics
2 answers:
Ksenya-84 [330]3 years ago
8 0

Answer:

Full-time worker minimum monthly income = US$ 7,846.40

Part-time worker minimum monthly income  = US$ 7,846.40

Full-time worker hourly wage = US$ 49.04

Part-time worker hourly wage = US$ 98.08

Step-by-step explanation:

1. Let's review the information given to answer the question correctly:

Monthly costs of a 2-adult and 3-children family in the Modesto metro area = US$ 7,846

Full-time worker = 4 weeks of 40-hour per month

Part-time worker = 2 weeks of 40-hour per month

2. Let's calculate the minimum monthly income and hourly wage per worker

Full-time worker hourly wage = Monthly costs/160

Part-time worker hourly wage = Monthly costs/80

Full-time worker hourly wage = 7,846/160

Part-time worker hourly wage = 7,846/80

Full-time worker hourly wage = US$ 49.04

Part-time worker hourly wage = US$ 98.08

Full-time worker minimum monthly income = Hourly wage * 160

Part-time worker minimum monthly income  = Hourly wage * 80

Full-time worker minimum monthly income = US$ 7,846.40

Part-time worker minimum monthly income  = US$ 7,846.40

Step-by-step explanation:

mafiozo [28]3 years ago
5 0

Answer:

<u>Full-time worker minimum monthly income = US$ 7,846.40</u>

<u>Part-time worker minimum monthly income  = US$ 7,846.40</u>

<u>Full-time worker hourly wage = US$ 49.04</u>

<u>Part-time worker hourly wage = US$ 98.08</u>

Step-by-step explanation:

1. Let's review the information given to answer the question correctly:

Monthly costs of a 2-adult and 3-children family in the Modesto metro area = US$ 7,846

Full-time worker = 4 weeks of 40-hour per month

Part-time worker = 2 weeks of 40-hour per month

2. Let's calculate the minimum monthly income and hourly wage per worker

Full-time worker hourly wage = Monthly costs/160

Part-time worker hourly wage = Monthly costs/80

Full-time worker hourly wage = 7,846/160

Part-time worker hourly wage = 7,846/80

<u>Full-time worker hourly wage = US$ 49.04</u>

<u>Part-time worker hourly wage = US$ 98.08</u>

Full-time worker minimum monthly income = Hourly wage * 160

Part-time worker minimum monthly income  = Hourly wage * 80

<u>Full-time worker minimum monthly income = US$ 7,846.40</u>

<u>Part-time worker minimum monthly income  = US$ 7,846.40</u>

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