Please help, thank you so much. Workers who manufacture shirts are sometimes paid based on the number of shirts they produce. Compute Lyle's gross pay if she made 350 shirts. The rate per shirt is given bythe differential piecework schedule below.Pay LevelItems ProducedRate per Item11-187$6.35Over 187$7.37O $2,388.76$2,413.24O $3,600.69O $3,766.95

Lyle's gross pay can be computed as follows : Rate for first 187 shirts made = 187 × $6.35 = $1187.…

Answered: Please help, thank you so much.

Business

Finance

Please help, thank you so much.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Concept explainers

Emergency Fund

The emergency fund is an amount that is kept aside to meet financial emergencies such as medical expenses and debt settlements. Emergency funds reduce the burden on people during their hardships. People save small portions of their earnings or paychecks as emergency funds to meet financial emergencies. Emergency funds should be saved or invested in such a way that they must be easily liquidated during emergencies. The main purpose of an emergency fund is its availability when required.

Question

Please help, thank you so much.

Workers who manufacture shirts are sometimes paid based on the number of shirts they produce. Compute Lyle's gross pay if she made 350 shirts. The rate per shirt is given by
the differential piecework schedule below.
Pay Level
Items Produced
Rate per Item
1
1-187
$6.35
Over 187
$7.37
O $2,388.76
$2,413.24
O $3,600.69
O $3,766.95

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