ACCA MA · Chapter 5 · Question 10 of 10
A worker is paid $16 per hour plus a bonus of 50% of the time saved, valued at the hourly rate. A job has a time allowance of 12 hours and the worker finished it in 9 hours. What is the worker's total pay for the job?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) $168
Explanation
Basic pay = 9 hours x $16 = $144. Time saved = 12 - 9 = 3 hours. Bonus = 50% x 3 x $16 = $24. Total pay = 144 + 24 = $168. Paying a bonus for all the time saved would give $192.
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