Brian worked the following schedule: Monday, 9 hours; Tuesday, 9 hours 38 minutes; Wednesday, 8 hours 40 minutes; Thursday, 9 hours 25 minutes; Friday, 9 hours. The employer pays overtime for all time worked in excess of 40 hours per week. Required: Determine Brian's total time worked according to the (a) quarter-hour method and (b) the hundredth-hour method. Which is the more favorable method for Brian, quarter-hour or hundredth-hour? Note: Do not round Intermediate calculations. Round your final answers to 2 decimal places. Brian Quarter-Hour Time hours Hundredth-Hour Time hours More Favorable Method

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Brian worked the following schedule: Monday, 9 hours; Tuesday, 9 hours 38
minutes; Wednesday, 8 hours 40 minutes; Thursday, 9 hours 25 minutes; Friday, 9
hours. The employer pays overtime for all time worked in excess of 40 hours per
week.
Required:
Determine Brian's total time worked according to the (a) quarter-hour method and
(b) the hundredth-hour method. Which is the more favorable method for Brian,
quarter-hour or hundredth-hour?
Note: Do not round intermediate calculations. Round your final answers to 2
decimal places.
Brian
Quarter-Hour Time
hours
Hundredth-Hour Time
hours
More Favorable Method
Transcribed Image Text:Brian worked the following schedule: Monday, 9 hours; Tuesday, 9 hours 38 minutes; Wednesday, 8 hours 40 minutes; Thursday, 9 hours 25 minutes; Friday, 9 hours. The employer pays overtime for all time worked in excess of 40 hours per week. Required: Determine Brian's total time worked according to the (a) quarter-hour method and (b) the hundredth-hour method. Which is the more favorable method for Brian, quarter-hour or hundredth-hour? Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Brian Quarter-Hour Time hours Hundredth-Hour Time hours More Favorable Method
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