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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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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