Question & Answer: You have been offered two different jobs for the upcoming summer. Since both are full…..

You have been offered two different jobs for the upcoming summer. Since both are full-time positions, you must choose to work only one of the jobs. The first job is in an office. The pay will be $320 per week. The office is located 20 miles from your home, so you estimate that you will spend $25 per week on gas. You will also have to pay $25 per week for parking. Because you are required to dress professionally, you will need to purchase some new clothes. You estimate that you will spend $350 on new clothes for this job during the summer. The second job is at an amusement park. The pay will be $220 per week. The amusement park is also 20 miles from your home, but you can carpool with a friend. Your share of the gas will be $12.50 per week. There is no charge for parking. The amusement park will furnish you with a uniform, so you won’t need to buy any special clothes. Assuming that your summer break will allow you to work 12 weeks, which job will provide you with more money? Please show the calculations that support your conclusion.

Expert Answer

 

Location Pay/week gas/week parking/week clothes revenue expenses profit = revenue – expense
Job 1 office 320 25 25 350 320*12 = 3840 [25+25]*12 + 350 = 950 3840-950 = 2890 = max = choice
Job 2 amusement park 220 12.5 0 0 220*12 = 2640 12.5*12 = 150 2640-150 = 2490

The first job, at an office will give more money, by $400 (2890-2490)

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