Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes Late in Fractional Hour Ringing in Deducted 1 through 6 7 through 12 13 through 18 1/10 2/10 3/10 19 through 24, ctc. 4/10 The regular hours of work, Monday through Friday, are from 7:30 to 11:30 A.M. and from 12:30 to 4:30 P.M. During one week, Henry Vanderhoff, who earns $12.15 an hour, reports in and checks out as shown below. Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes after 11:30 and 4:30. (a) DAY AM PM HRS WORKED In Out In Out 7:28 11:31 12:29 4:31 7:35 11:30 12:30 4:30 7:50 11:33 12:27 4:32 7:27 11:31 12:50 4:33 T Th F 7:28 11:32 12:40 4:30
Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes Late in Fractional Hour Ringing in Deducted 1 through 6 7 through 12 13 through 18 1/10 2/10 3/10 19 through 24, ctc. 4/10 The regular hours of work, Monday through Friday, are from 7:30 to 11:30 A.M. and from 12:30 to 4:30 P.M. During one week, Henry Vanderhoff, who earns $12.15 an hour, reports in and checks out as shown below. Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes after 11:30 and 4:30. (a) DAY AM PM HRS WORKED In Out In Out 7:28 11:31 12:29 4:31 7:35 11:30 12:30 4:30 7:50 11:33 12:27 4:32 7:27 11:31 12:50 4:33 T Th F 7:28 11:32 12:40 4:30
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter10: Liabilities: Current, Installment Notes, And Contingencies
Section: Chapter Questions
Problem 10.9EX
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