Lai Xiaodong, a 22-year-old college-educated man, accepted a job at Foxconn Technology  (where the iPad was being pro- duced for Apple) in Chengdu, China, for $22 a day at 12  hours a day, 6 days a week. A company perk included company housing in dorms for the  70,000 employees. It was common for 20 people to be assigned to the same three-bedroom  apart- ment. What were Lai’s hourly (rounded to the nearest cent), weekly, and annual  gross pay?

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