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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

You work in the payroll department of Universal Manufacturing. The following piece rate schedule is used for computing earnings for assembly line workers. As an overtime bonus, on Saturdays, each unit produced counts as 1 1 2 units.

1-100 $2.30
101-150 2.60
151-200 2.80
over 200 3.20

To determine

To calculate: The total gross earnings, if overtime bonus for each unit produced on Saturdays is counted as 112 units and rate schedule for computing earnings for assembly line workers is,

1100$2.301011502.601512002.80over 2003.20

Also, the work schedule for the employees is,

EmployeeMonTuesWedThursFriSatTotalUnitsgrossEarningsa.Shane03216362712________b.Gonzales18262410130________c.Bethards264249513420________

Explanation

Given Information:

Overtime bonus for each unit produced on Saturdays is counted as 112 units and rate schedule for computing earnings for assembly line workers is,

1100$2.301011502.601512002.80over 2003.20

Also, the work schedule for the employees is,

EmployeeMonTuesWedThursFriSatTotalUnitsgrossEarningsa.Shane03216362712________b.Gonzales18262410130________c.Bethards264249513420________

Formula Used:

The formula to calculate gross pay is,

Gross= rate × number of units

Calculation:

Calculate the total units for each employee as,

Shane=0+32+16+36+27+1.5×12=0+32+16+36+27+18=129

And

Gonzales=18+26+24+10+13+0=91

And,

Bethards=26+42+49+51+34+1.5×20=26+42+49+51+34+30=232

Next, calculate gross pay for each employee as per the provided rates as,

Shane Gross= 2

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