ZuoTi.Pro
Question

During the first week in November, Erin Mills worked 48.00 hours and produced 1,232 units under...

During the first week in November, Erin Mills worked 48.00 hours and produced 1,232 units under a piece-rate system. The regular piece rate is $0.33 a unit.

Mills had agreed with her employer prior to the performance of the work that she would be paid one and one-half times the regular piece rate for all pieces produced during the overtime hours. Assume that her production totals for the week were 1,029 pieces during regular hours and 203 pieces during overtime hours. Compute the following amounts.

a. The piecework earnings

.My Answer: 339.57 (1029 x .33) CORRECT

b. The overtime earnings

My answer: 100.49 [ 203 x (1.5 x 33) ] WRONG

c. The total earnings

My answer:440.06 ( 339.57 + 100.49 ) WRONG

B & C is wrong and I don't know what I'm doing wrong.

business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Round your overtime rate to two decimal places Overtime rate $0.33 per unit x 1 .5 times = $0.495 = $0.50 (rounded to two dec

0 0
Add a comment
Know the answer?
Add Answer to:
During the first week in November, Erin Mills worked 48.00 hours and produced 1,232 units under...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • During the first week in November, Erin Mills worked 43.00 hours and produced 1,229 units under...

    During the first week in November, Erin Mills worked 43.00 hours and produced 1,229 units under a piece- rate system. The regular piece rate is $0.35 a unit. Mills had agreed with her employer prior to the performance of the work that she would be paid one and one-half times the regular piece rate for all pieces produced during the overtime hours. Assume that her production totals for the week were 1,048 pieces during regular hours and 181 pieces during...

  • Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate...

    Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate hourly rates and overtime rates as follows: 1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3....

  • ....... $ 2-16A LO 5 L Carrie Overwood works fluctuating work sul agreement provides for overtime...

    ....... $ 2-16A LO 5 L Carrie Overwood works fluctuating work sul agreement provides for overtime pay at an extra half-rate 10 Compute: a. The overtime earnings... b. The total earnings ... 6. If this was a BELO plan with a pay rate of $22.00 per hour and a maximum of 53 hours, how much would Overwood be paid for 48 hours? 2-17A LO 5 See Example 2-23 on page 2-28 sed 1.275 units under a piece-rat o to the...

  • 2 3 4 Student Work Area 2-18B 7 8 9 10 (a) Piecework eamings (b) Regular...

    2 3 4 Student Work Area 2-18B 7 8 9 10 (a) Piecework eamings (b) Regular hourly rate.. Overtime hourly rate.. (c) Overtime eamings. (d) Total camings..... Instructor Comment/Grade Area 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 42 43 Excel Instructions 2-4B 2-18B 2-20B Chapter Problems + 2-17B. LO 5 See Example 2-23 on page 2-28 During...

  • PLEASE ONLY ANSWER 2-18B 2-17B is only used for reference. Screenshoot of the examples are provided....

    PLEASE ONLY ANSWER 2-18B 2-17B is only used for reference. Screenshoot of the examples are provided. 2-17B. LO 5 See Example 2-23 on page 2-28 During the first week in April, Courtney Nelson worked 46 hours and produced 1,450 units under a piece-rate system. The regular piece rate is $0.38 a unit. Nelson is paid overtime according to the FLSA ruling for overtime work under a piece-rate system. See Example 2-23 Overtime Earnings for Pieceworkers—Method A For overtime work, the...

  • Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate...

    Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate hourly rates and overtime rates as follows: 1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, 'round to the next higher cent. 3....

  • Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that...

    Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overt hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 14: Based on the Personal Allowances Worksheet, how many federal allowances would be claimed by a single employee with one job and no dependents, who files as single on his tax return, and who claims no credits on his tax returns?...

  • Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate...

    Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate hourly rates and overtime rates as follows: 1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3....

  • PROBLEM 2 Elder is paid a monthly salary of $2,250. Overtime is paid for hours beyond...

    PROBLEM 2 Elder is paid a monthly salary of $2,250. Overtime is paid for hours beyond 40 in each workweek. One week, Elder works 7 hours overtime. Elder’s gross pay for the week is PROBLEM 3 Ides receives 16 cents for every unit produced. Ides produces 2,976 pieces in a 43-hour workweek. For overtime, Ides is paid a sum equal to one-half the regular hourly pay rate multiplied by the number of overtime hours. Ides’ total piecework and overtime earnings...

  • can someone help me with these question please. Question 2: Lynette Camacho earns $850/week. During a...

    can someone help me with these question please. Question 2: Lynette Camacho earns $850/week. During a recent week she worked 45 hours. Assuming that Lynette's employer compensates her for overtime hours at 1.5 times her regular pay rate, her gross earnings for the week are $ Question 7: An employee who earns $14/hour, worked 33 hours during a recent week, is paid a commission of $55 for each sale, and makes 10 sales during the same week, has earned total...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT