Omar assembles computer boards for an electronics company. He is paid on the following differential pay scale:
Units produced Amount per unit
1 - 50 $ 2.15
51 - 160 $ 3.15
161 - 200 $ 4.90
Over 200 $ 6.25
If he made 210 boards in a week, how much is his gross pay?
(Round your answer to the nearest hundredth)
The differential pay scale is similar to the Tier system that IRS uses, and which is embedded into the various tax brackets (7 in total) in order to
determine taxpayers' - with taxable income ≥ $100,000 - FEDERAL tax liability for a particular tax year. As seen in the table below, his gross pay is: