Just want to make sure I am doing my simple math correctly. I recently lost my office manager. I have an account that I charge 23.50 hourly, the officers are there 38 hours a week. $23. 50 hour times 36 hours= $846.00 for the 1st officer $23.50 hour times 36 hours= $846.00 for the 2nd officer Total of first week for 2 officers= $1692.00 So if I bill out for (2) officers @ $23.50 hour for 2 weeks is $3,384 Correct
Just want to make sure I am doing my simple math correctly. I recently lost my office manager. I have an account that I charge 23.50 hourly, the officers are there 38 hours a week. $23. 50 hour times 36 hours= $846.00 for the 1st officer $23.50 hour times 36 hours= $846.00 for the 2nd officer Total of first week for 2 officers= $1692.00 So if I bill out for (2) officers @ $23.50 hour for 2 weeks is $3,384 Correct
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Just want to make sure I am doing my simple math correctly. I recently lost my office manager.
I have an account that I charge 23.50 hourly, the officers are there 38 hours a week.
$23. 50 hour times 36 hours= $846.00 for the 1st officer
$23.50 hour times 36 hours= $846.00 for the 2nd officer
Total of first week for 2 officers= $1692.00
So if I bill out for (2) officers @ $23.50 hour for 2 weeks is $3,384
Correct?
Expert Solution
Step 1 Calculation:
Yes, the way of calculation is correct But, as you have written that officers are there 38 hours a week, so you should calculate for 38 hours but you are considering 36 hours
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