GuaranteedForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › GuaranteedThis topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts December 28, 2020 at 11:58 am #601051 applessauceMemberTopics: 85Replies: 65☆☆There is a guaranteed minimum wage of $5 per hour for a 40-hour week paid for an employeeThe actual hours worked is 50 hoursSir would the guaranteed wage be $250 ? December 28, 2020 at 1:33 pm #601057 John MoffatKeymasterTopics: 57Replies: 54479☆☆☆☆☆They are guaranteed to be paid $200 per week whatever happens.They are actually being paid $250 in this week. December 28, 2020 at 2:44 pm #601067 applessauceMemberTopics: 85Replies: 65☆☆Ohhh ok sir but isn’t 250 standard then because $5 is budgeted? December 28, 2020 at 3:21 pm #601070 John MoffatKeymasterTopics: 57Replies: 54479☆☆☆☆☆It is the actual amount that they are paid.AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In