A loom operator in a textiles factory earns $18.00 per hour. By contract, the employee earns...
A loom operator in a textiles factory earns $18.00 per hour. By contract, the employee earns $27.00 (time and a half) for overtime hours. The operator worked 44 hours during the first week of May, and overtime is paid after the usual 40 hours. Exercise 2-26 Part 1 Required: 1. Compute the loom operator's compensation for the week. (Round your final answer to 2 decimal places.)
Homework Answers
|
Working |
Amount |
|
|
Basic pay |
(40 hours x 18) |
$ 720.00 |
|
Overtime pay |
(4 hours x 27) |
$ 108.00 |
|
Total compensation paid |
$ 828.00 |
Answer-- $828
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