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:
