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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

The chief financial officer of Allied Corporation is setting up two production work shift pay schedules. Swing shift workers are to receive 1 12 more pay than day shift workers. If the day shift 12 workers are to receive average pay of $18.36 per hour, what is the average pay for the swing shift workers?

To determine

To calculate: The average pay of swing shift workers if the swing shift worker get 112 more than the day shift worker while the day shift worker is paid average pay of $18.36 per hour.

Explanation

Given Information:

The average pay of the swing shift and the day shift is provided:

The average pay of swing shift work is 112 more than day shift worker.

The average pay of day shift worker is $18.36 per hour.

Formula used:

To multiply the decimal numbers, follow steps:

Step 1: Ignore the decimal point and multiply the number as the numbers are whole numbers now.

Step 2: Calculate the number of digits after the decimal point in multiplier and multiplicand.

Step 3: Now place the decimal point in the answer in such a way that the number of digits after the decimal place equal to number calculate in step 2.

Step 4: Put 0 at left if necessary to make correct number of digit after the decimal point.

Calculation:

Consider the average pay of the day shift worker as 18.36

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