Question: Note: 1n this chapter and in all succeeding work throughout the course, unless Instructed otherwise csculate houry rotes and overime rates ollows 1. Carry the

Note: 1n this chapter and in all succeeding work throughout the course, unless Instructed otherwise csculate houry rotes and overime rates ollows 1. Carry the hourty rate nd the overtime rate to 3 decimal places and then round off to 2 deernal places (round the houry rate to 2 decimal places before multiplying by one and one-haif to determine the overtime rate) 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, simpty drop the third decimal place. Exemples: Monthly rate $1,827 weekly rate (S 1,827 x 12)/52 542 1.6 15 rounded to $421.62 Hourly rate $421.62/40 $10.540 rounded to $10.54 O.T. rate $10.54 X1S-$15.81 use the minimum hourly wage of $7.25 in solving these problems and all that follow Example 2-24 Paui Frtz produced 3,073 peces in a 44-hour workweek and is paid 18% cents forevery unit produced. Fritz earned overtime at a and one-haif times the regulsr rate for all pieces produced during overtime hours. or the total 3,072 pieces produced, 272 were produced im tne f overtime hours. Fritz's total piecework and overtime earnings are as folows piece rite er one 2,801 x so. 1875$525.19 piecework earnings 0.2813($0.1875 15) $525.19 + $76.51 $76.51 overtime earnings 5601, 70 piecework and overtime earnings 272 pieces During the first week in Apmi, Courtney Nelson worked 46 hours and produced 1,450 units under a pece- ra te system. The reguior piece rate is $o. 3s a unt hours. Assume that her production totais for the week were 1,120 of the work that she would be paid one and one-haif times the regular plece rabe for all pieces produced during the overtime hours Nelson agreed with her employer prior to the pe overtime hours. Compute the following amounts pieces during reguiar hours and 330 pieces during Round your overtime rete to two decimal places and use the rounded a. The plecework earnings b. The overtime earnings c. The total earnings amount in subsequent computations, Round the hinal answers to the nearest cent Previou Next Check My Wark for Grading All work saved 9:02 . Note: 1n this chapter and in all succeeding work throughout the course, unless Instructed otherwise csculate houry rotes and overime rates ollows 1. Carry the hourty rate nd the overtime rate to 3 decimal places and then round off to 2 deernal places (round the houry rate to 2 decimal places before multiplying by one and one-haif to determine the overtime rate) 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, simpty drop the third decimal place. Exemples: Monthly rate $1,827 weekly rate (S 1,827 x 12)/52 542 1.6 15 rounded to $421.62 Hourly rate $421.62/40 $10.540 rounded to $10.54 O.T. rate $10.54 X1S-$15.81 use the minimum hourly wage of $7.25 in solving these problems and all that follow Example 2-24 Paui Frtz produced 3,073 peces in a 44-hour workweek and is paid 18% cents forevery unit produced. Fritz earned overtime at a and one-haif times the regulsr rate for all pieces produced during overtime hours. or the total 3,072 pieces produced, 272 were produced im tne f overtime hours. Fritz's total piecework and overtime earnings are as folows piece rite er one 2,801 x so. 1875$525.19 piecework earnings 0.2813($0.1875 15) $525.19 + $76.51 $76.51 overtime earnings 5601, 70 piecework and overtime earnings 272 pieces During the first week in Apmi, Courtney Nelson worked 46 hours and produced 1,450 units under a pece- ra te system. The reguior piece rate is $o. 3s a unt hours. Assume that her production totais for the week were 1,120 of the work that she would be paid one and one-haif times the regular plece rabe for all pieces produced during the overtime hours Nelson agreed with her employer prior to the pe overtime hours. Compute the following amounts pieces during reguiar hours and 330 pieces during Round your overtime rete to two decimal places and use the rounded a. The plecework earnings b. The overtime earnings c. The total earnings amount in subsequent computations, Round the hinal answers to the nearest cent Previou Next Check My Wark for Grading All work saved 9:02
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
