Homework Answers
Answer for a)
Piecework earnings:
items to produced excluding overtime×piece rate
=1026 units×$0.39 per unit
=$400.14
Answer for b)
Overtime earnings:
Units produced by working overtime×overtime rate
=184 units×($0.39×1.5times)
=184 units×($0.575)
=$107.64
Answer for c)
Total earnings:
Puece rate earning+overtime earnings
=$400.14+$107.64
=$507.78
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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...
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....
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....
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....
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....
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....
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, ceiling, and maximum taxes. $128,400 $7,960.80 6.20% Employee and Employer OASDI: No limit No maximum 1.45% Employee" and Employer HI: $15,921.60 $128,400 12.4% Self-employed OASDI: 2.9% No limit No maximum Self-employed HI: 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...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, celling, and maximum taxes. Employee and Employer OASDI: 6.20% $128,400 $7,960.80 Employee* and Employer HI: 1.45% No limit No maximum Self-employed OASDI: 12.4% $128,400 $15,921.60 Self-employed HI: 2.9% No limit No maximum 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...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, ceilling, and maximum taxes. Employee and Employer OASDI: 6.20% $128,400 $7,960.80 Employee* and Employer HI: 1.45% No limit No maximum Self-employed OASDI: 12.4% $128,400 $15,921.60 Self-employed HI: 2.9% No limit No maximum 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...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, celing, and maximum taxes. Employee and Employer OASDI: 6.20% $128,400 $7,960.80 Employee" and Employer HI: 1.45% No limit No maximum Self-employed OASDI: 12.4% $128,400 $15,921.60 Self-employed HI: 2.9% No limit No maximum 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...
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....
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....
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 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....
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, ceiling, and maximum taxes. $128,400 $7,960.80 6.20% Employee and Employer OASDI: No limit No maximum 1.45% Employee" and Employer HI: $15,921.60 $128,400 12.4% Self-employed OASDI: 2.9% No limit No maximum Self-employed HI: 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...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, celling, and maximum taxes. Employee and Employer OASDI: 6.20% $128,400 $7,960.80 Employee* and Employer HI: 1.45% No limit No maximum Self-employed OASDI: 12.4% $128,400 $15,921.60 Self-employed HI: 2.9% No limit No maximum 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...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, ceilling, and maximum taxes. Employee and Employer OASDI: 6.20% $128,400 $7,960.80 Employee* and Employer HI: 1.45% No limit No maximum Self-employed OASDI: 12.4% $128,400 $15,921.60 Self-employed HI: 2.9% No limit No maximum 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...
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, celing, and maximum taxes. Employee and Employer OASDI: 6.20% $128,400 $7,960.80 Employee" and Employer HI: 1.45% No limit No maximum Self-employed OASDI: 12.4% $128,400 $15,921.60 Self-employed HI: 2.9% No limit No maximum 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...
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