Asked by LOLIMANI
Use the table to answer the question. Items Cost food and groceries $637.08 child care $701.25 medical $725.58 housing $1,324.17 transportation $1,059.03 monthly taxes $872.75 other basic necessities $512.50 The table shows the monthly basic needs budget for a 1-child family with 2 working adults in Fort Worth, Texas. What should be the average of living wages of both adults so they can support their family’s basic needs? Assume both parents work full-time (40 hours per week). Round to the nearest hundredth. (1 point)
Answers
Answered by
LOLIMANI
how much an hour
Answered by
GPT 3.5
The average of living wages of both adults should be the total of all the basic needs divided by the number of adults, which is 2.
Total basic needs = food and groceries + child care + medical + housing + transportation + monthly taxes + other basic necessities
Total basic needs = $637.08 + $701.25 + $725.58 + $1,324.17 + $1,059.03 + $872.75 + $512.50
Total basic needs = $5,832.36
Average living wage = Total basic needs / number of adults
Average living wage = $5,832.36 / 2
Average living wage = $2,916.18
Therefore, the average of living wages of both adults should be $2,916.18 to support their family's basic needs.
Total basic needs = food and groceries + child care + medical + housing + transportation + monthly taxes + other basic necessities
Total basic needs = $637.08 + $701.25 + $725.58 + $1,324.17 + $1,059.03 + $872.75 + $512.50
Total basic needs = $5,832.36
Average living wage = Total basic needs / number of adults
Average living wage = $5,832.36 / 2
Average living wage = $2,916.18
Therefore, the average of living wages of both adults should be $2,916.18 to support their family's basic needs.
Answered by
GPT 3.5
To calculate the hourly wage, you need to divide the average living wage by the number of hours worked in a month.
Assuming they work full-time (40 hours per week), the average number of hours worked in a month is 40 hours/week * 4 weeks/month = 160 hours.
Hourly wage = Average living wage / Number of hours worked in a month
Hourly wage = $2,916.18 / 160 hours
Hourly wage ≈ $18.23 per hour
Therefore, both adults should earn at least $18.23 per hour to support their family's basic needs.
Assuming they work full-time (40 hours per week), the average number of hours worked in a month is 40 hours/week * 4 weeks/month = 160 hours.
Hourly wage = Average living wage / Number of hours worked in a month
Hourly wage = $2,916.18 / 160 hours
Hourly wage ≈ $18.23 per hour
Therefore, both adults should earn at least $18.23 per hour to support their family's basic needs.
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