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75 POINTS! Please help b) State the minimum monthly income and hourly wage per worker needed to cover monthly expenses for the family you used in part a. Then, explain how to calculate the hourly wage based on the monthly income and state the hourly wage. Assume that each full-time worker works four 40-hour work weeks per month, and each part-time worker works two 40-hour weeks per month.

75 POINTS Please help b State the minimum monthly income and hourly wage per worker needed to cover monthly expenses for the family you used in part a Then expl class=

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Answer:

Step-by-step explanation:

add them all together then the 40 hour weeks

Hops135

Answer:

Full-time worker minimum monthly income = US$ 6,594

Part-time worker minimum monthly income  = US$ 6,594

Full-time worker hourly wage = US$ 41.21

Part-time worker hourly wage = US$ 82.43

Step-by-step explanation:

1. Let's review the information given to answer the question correctly:

Monthly costs of a 2-adult and 3-children family in the area = US$ 76,594

Full-time worker = 4 weeks of 40-hour per month

Part-time worker = 2 weeks of 40-hour per month

2. Let's calculate the minimum monthly income and hourly wage per worker

Full-time worker hourly wage = Monthly costs/160Part-time worker hourly wage = Monthly costs/80

Full-time worker hourly wage = 6,594/160

Part-time worker hourly wage = 6,594/80

Full-time worker hourly wage = US$ 41.21

Part-time worker hourly wage = US$ 82.43

have a good day

-Hops

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