62. A gourmet food company has received a large order for deluxe gift baskets from a corporate client. All baskets will have the same food content and will be delivered in a box with the logo of the corporate client. The company will have to hire temporary workers to assemble the gift baskets. The standard is for a worker to produce 40 baskets per shift. Workers are compensated $1 per basket and earn an additional 10% per basket beyond the standard output. How much would a worker producing 60 baskets in a shift earn?
Answer: C
A worker producing 60 baskets in a shift would earn 62 dollars.
A worker producing 60 baskets in a shift earns $62, which includes the base pay for the first 40 baskets and an additional bonus for the extra 20 baskets produced.
A) 40 dollars
This option is incorrect because a worker producing 40 baskets would earn $40, which is the base pay at a rate of $1 per basket. However, since the worker is producing 60 baskets, this amount does not account for the additional earnings from the extra baskets.
B) 38 dollars
This option is incorrect as it underestimates the worker's earnings. A worker producing 60 baskets would earn more than $38, as this figure does not include the additional compensation for baskets produced beyond the standard output.
C) 62 dollars
This is the correct option. The worker earns $40 for the first 40 baskets ($1 per basket) and receives an additional 10% for each of the 20 extra baskets. This results in $20 extra (10% of $20, since the additional earnings are $1 per basket), leading to a total of $62.
D) 80 dollars
This option is incorrect because it overestimates the worker's earnings. Although the worker produces more than 40 baskets, the calculation of $80 does not reflect the correct bonus structure for additional baskets produced and thus does not align with the compensation plan.
Conclusion
The correct answer of $62 accurately reflects the earnings for a worker producing 60 baskets, incorporating both the base pay and the incentive for exceeding the standard production. All other options fail to correctly calculate the total earnings based on the outlined compensation scheme, either underestimating or overestimating the amount earned.