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Answer :
The average rate of pay for the 14 employees at Acme Supermarket is $16 per hour.
What is the average rate of pay for the 14 employees?
To calculate the average rate of pay, we'll sum up the total earnings of all employees and then divide by the total number of employees.
For the 12 full-time employees earning $15 per hour each:
12 employees * $15/hour
= $180/hour
For the assistant manager earning $20 per hour: $20/hour
For the manager earning $24 per hour: $24/hour
Total earnings = $180 + $20 + $24 = $224
Total number of employees = 14
Average rate of pay = Total earnings / Total number of employees
= $224 / 14
= $16 per hour.
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