The basic pay categories, hourly rates of pay, and the number of employees in each category for

Question:

The basic pay categories, hourly rates of pay, and the number of employees in each category for the machining department of a company are shown below.

(a) What is the average rate of pay for all categories?
(b) What is the average rate of pay per employee?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

See More Books

Question Posted: Feb 26, 2016 03:19 AM

See More Questions

The personnel department at LastCall Enterprises handles many administrative tasks for the two divisions that make up LastCall: LaidBack and StressedOut. LaidBack division manages the companys...
A 30-year-old investment analyst has been experimenting with Optimum Eating, a new iPhone app. The app shows you how to divide the proportion of your weekly meals among the four categories listed in...
The Personnel Department at LastCall Enterprises handles many administrative tasks for the two divisions that make up LastCall: LaidBack and StressedOut. LaidBack division man- ages the company's...
August 8, 2019, was a grim day at the San Francisco headquarters of Uber, the global leader in ride-hailing companies. That day it announced a staggering loss of $5.2 billion in just the previous 3...
Do you believe that conflict management is one of the most important functions of public relations? Why or why not?
How do digital platforms and social media algorithms influence agenda-setting processes by shaping information flows, amplifying certain issues, and facilitating collective action and mobilization...
Explain when it is appropriate to use a randomized block design.
1. To compute the price elasticity of demand, we divide the percentage change in_______ by the percentage change in _______and then take the _______value of the ratio. 2. If a 10 percent increase in...
A pool has three water faucet and one drain faucet. The first water faucet can fill up the pool in 3 hours, the second water faucet can fill up the pool in 4 hours, and the third water faucet can...
For each of the following assets, assign a low, moderate, or high impact level for the loss of confidentiality, availability, and integrity, respectively. Justify your answers. a. An organization...
Extend and total the following invoice. Quantry Descrigtien Un Price Ancust tenm A 180 ten B 126 ten 144 $0.625 83e S1.16 1.25 Total en D
Helene Gauthier invested $15 000 on January 1 in a partnership. She withdrew $2000 on June 1, withdrew a further $1500 on August 1, and reinvested $4000 on November 1. What was her average monthly...
A liquid mixture containing 40% cyclohexane, 20% benzene, 25% toluene, and 15% n-heptane is in equilibrium with its vapor at 1 bar. Determine the temperature and the vapor composition.
An article in the Wall Street Journal refers to the U.S. dollar as the worlds reserve currency. a. What is a reserve currency? b. Is the U.S. dollar the only reserve currency? Briefly explain.
An article in the New York Times on the British pound asked the question Are there any benefits to a weaker pound? a. What is a weaker pound? b. Briefly explain who benefits and who loses from a...
The equation of a paraboloid of length 1 and whose axis is in line with $\mathrm{x}$ axis is given as \(c(\mathrm{x} / \mathrm{l})=\left(\mathrm{y}^{2}+\mathrm{z}^{2} ight) / a^{2}, 0 \leq x \leq...
An article in the Economist observes that In an open economy, however, some of the effects of the shifts in [aggregate] demand spill over to the rest of the world. Briefly explain how the effects of...
Suppose that youre a manager at Apple. Apple is considering whether to subsidize the cost to its suppliers, such as Foxconn, of building redundant factories in countries outside of China. The goal is...
What type of revenue is reported in the Other revenue section of the multiple-step income statement?
What are some of the various ways to implement an awareness program?
Convert mixed numbers to improper fractions, and improper fractions to mixed numbers. 31/4
Margit is paid on a weekly commission basis. She is paid a base salary of $540 on a weekly quota of $8000 and a commission of 4.75% on any sales in excess of the quota. (a) If Margits sales for last...
Change each of the following percents into a decimal. 8 1/4%
A company is looking at new equipment with an installed cost of $415,329. This cost will be depreciated straight-line to zero over the project's 5-year life, at the end of which the equipment can be...
4) Suppose that you are given the following information for BlackBerry's common stock: Year 2017 2018 2019 2020 2021 Price ($) 26.0 28.6 26.3 30.5 31.1 What is the arithmetic mean of the rate of...
1. Introduce and explain the Fashion Minimalism , how it came to be, e.g.: origins/inception. 2. Identify what the Fashion Minimalism and how it encompasses sustainability in the fashion industry. 3....

The basic pay categories, hourly rates of pay, and the number of employees in each category for

Question:

Categery Supervisors Machirists Ass stants Helgers ourly PayNo. of Enployees $30 45 020 16 40 14.50 13

Step by Step Answer:

a b 3045 2 6090 2020 6 12120 ...View the full answer

Contemporary Business Mathematics with Canadian Applications

Students also viewed these Finance questions