Tips and Piecework Unit 1 Lesson 5. Objectives  Determine total income earned from a combination of regular wages and tips.  Use the total number of.

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Presentation transcript:

Tips and Piecework Unit 1 Lesson 5

Objectives  Determine total income earned from a combination of regular wages and tips.  Use the total number of items produced and the piece rate to estimate and calculate wages.

Recall  To calculate a worker’s total income with tips: Calculate the regular wages (hourly rate x hours) Add the amount of tips earned to the regular wages  To calculate piecework pay: Multiply the number of items times the pay for each item

Tips  You work at a local burger joint and make $3.00 an hour waitressing. You work 7 hours and make $ in tips. What did you make total during your 7 hour shift?

Tips - Solution  You work at a local burger joint and make $3.00 an hour waitressing. You work 7 hours and make $ in tips. What did you make total during your 7 hour shift? $3.00 x 7 hours = $21.00 $ $ = $146.25

Piece Rate Pay  You make $0.63 for every envelope you stuff at your new job. On your first day you stuff 450 envelopes. How much did you make on your first day?

Piece Rate Pay - Solution  You make $0.63 for every envelope you stuff at your new job. On your first day you stuff 450 envelopes. How much did you make on your first day? $0.63 x 450 envelopes = $283.50