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2 December, 18:54

Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___.

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  1. 2 December, 22:21
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    Complete question:

    Petra owns a coffee shop. She has ten employees. In 2007, she paid her employees minimum wage ($5.85 an hour). In 2008, the minimum wage increased to $6.55 an hour. In 2009, the minimum wage increased to $7.25 an hour. Petra is paying her ten employees for 40 hours a week 52 weeks each year. In 2007 Petra spent___ on wages for her employees each week. When the minimum wage rose in 2009, Petra had to increase her annual budget for wage from 2008 by___

    Answer: $2340; $14,560

    Explanation:

    Given the following:

    2007 minimum wage = $5.85 / hour

    2008 minimum wage = $6.55 / hour

    2009 minimum wage = $7.25 / hour

    Number of Employees = 10

    Number of hours = 40 hours per week for 52 weeks

    Amount spent on wages per week in 2007:

    Minimum wage * number of employees * number of hours per week

    = $5.85 * 10 * 40 = $2340

    B.)

    wage increase between 2008 - 2009:

    $7.25/hour - 6.55/hour = $0.7/hour

    Therefore, increase in annual budget equals:

    Wage increase * number of employees * number of hours per week * number of weeks

    = $0.7 * 10 * 40 * 52 = $14,560
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