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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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