Required: 1. Calculate Marcell's time for both the quarter-hour and hundredth-hour systems. 2. Calculate Marcell's total pay in the hundredth-hour and quarter-hour systems.

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter3: Accounting For Labor
Section: Chapter Questions
Problem 14E: Accounting for bonus and vacation pay Cathy Muench a factory worker, earns 1,000 each week. In...
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S
7
Problem 3-5A (Algo)
2
Marcell Teague submitted a pay card reflecting the following hours worked at Kicy Incorporated. He earns $16.40 per hour. The
company pays overtime only on hours worked exceeding 40 per week. The company is considering changing from quarter-hour to
hundredth-hour time collection. Under the current quarter-hour system, each time the employee clocks in or out, the time is rounded
to the nearest quarter-hour.
Required:
1. Calculate Marcell's time for both the quarter-hour and hundredth-hour systems.
2. Calculate Marcell's total pay in the hundredth-hour and quarter-hour systems.
W
S
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Calculate Marcell's time for both the quarter-hour and hundredth-hour systems. (Round your intermediate calculations and
final answers to 2 decimal places.)
In
7:30
8:24
7:11
6:05
F2
JUN
24
#
3
Out
11:21
12:25
11:40
11:04
E
D
80
F3
In
12:18
2:39
12:25
12:01
$
4
R
Out
F4
4:18:
6:13
4:36
6:02
Total Hours with Total Hours with
Hundredth-hour Quarter-hour
tv
%
5
< Required 1
< Prev
0
F5
T
F G
6
F6
8 of 9 #
X CV B
I
Y
Required 2 >
&
7
F7
Next >
A
U
Ca
8
DII
FB
I
(
9
F9
H J K
N M
AW
O
4
F10
0
L
d
P
n
G
Transcribed Image Text:S 7 Problem 3-5A (Algo) 2 Marcell Teague submitted a pay card reflecting the following hours worked at Kicy Incorporated. He earns $16.40 per hour. The company pays overtime only on hours worked exceeding 40 per week. The company is considering changing from quarter-hour to hundredth-hour time collection. Under the current quarter-hour system, each time the employee clocks in or out, the time is rounded to the nearest quarter-hour. Required: 1. Calculate Marcell's time for both the quarter-hour and hundredth-hour systems. 2. Calculate Marcell's total pay in the hundredth-hour and quarter-hour systems. W S Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate Marcell's time for both the quarter-hour and hundredth-hour systems. (Round your intermediate calculations and final answers to 2 decimal places.) In 7:30 8:24 7:11 6:05 F2 JUN 24 # 3 Out 11:21 12:25 11:40 11:04 E D 80 F3 In 12:18 2:39 12:25 12:01 $ 4 R Out F4 4:18: 6:13 4:36 6:02 Total Hours with Total Hours with Hundredth-hour Quarter-hour tv % 5 < Required 1 < Prev 0 F5 T F G 6 F6 8 of 9 # X CV B I Y Required 2 > & 7 F7 Next > A U Ca 8 DII FB I ( 9 F9 H J K N M AW O 4 F10 0 L d P n G
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