a. the piecework earnings [Refer working note 1] | $366.80 |
b. The overtime earnings [Refer working note 2] | $95.93 |
c. The total earnings [Piece work earnings + Overtime earnings = $366.80 + $95.93] | $462.73 |
.
.
Working note 1 - The piecework earnings | ||
Production during regular hours (a) | 1,048 | units |
Regular rate (b) | $0.35 | per unit |
Piecework earnings (a x b) | $366.80 |
.
.
Working note 2 - The overtime earnings | ||
Production during overtime hours (a) | 181 | units |
Overtime rate [Regular rate x 1.5 = $0.35 x 1.5] (b) |
$0.53 [Rounded to 2 decimals] |
per unit |
Overtime earnings (a x b) | $95.93 |
During the first week in November, Erin Mills worked 43.00 hours and produced 1,229 units under...
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 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...
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....
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. 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 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....
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 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...