Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes Late in Fractional Hour Ringing in Deducted 1 through 6 7 through 12 13 through 18 1/10 2/10 3/10 19 through 24, ctc. 4/10 The regular hours of work, Monday through Friday, are from 7:30 to 11:30 A.M. and from 12:30 to 4:30 P.M. During one week, Henry Vanderhoff, who earns $12.15 an hour, reports in and checks out as shown below. Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes after 11:30 and 4:30. (a) DAY AM PM HRS WORKED In Out In Out 7:28 11:31 12:29 4:31 7:35 11:30 12:30 4:30 7:50 11:33 12:27 4:32 7:27 11:31 12:50 4:33 T Th F 7:28 11:32 12:40 4:30

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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2-9A (concluded)
Refer to the partial time card and
compute:
a. The hours worked each day
b. The total hours worked...
c. The gross earnings for the week.
%24
Transcribed Image Text:2-9A (concluded) Refer to the partial time card and compute: a. The hours worked each day b. The total hours worked... c. The gross earnings for the week. %24
2-9A • LO 3
See Figure 2.3 on page 2-21
Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy
are "docked" according to the schedule shown below.
Minutes Late in
Fractional Hour
Ringing in
Deducted
1 through 6
7 through 12
1/10
2/10
13 through 18
3/10
19 through 24, etc.
4/10
The regular hours of work, Monday through Friday, are from 7:30 to 11:30 A.M. and from 12:30 to 4:30 P.M.
During one week, Henry Vanderhoff, who earns $12.15 an hour, reports in and checks out as shown below.
Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes
after 11:30 and 4:30.
(a)
DAY
AM
PM
HRS WORKED
In
Out
In
Out
7:28
11:31 12:29 4:31
7:35 11:30 12:30 4:30
7:50 11:33 12:27 4:32
Th
7:27 11:31 12:50
4:33
F
7:28 11:32 12:40
4:30
Transcribed Image Text:2-9A • LO 3 See Figure 2.3 on page 2-21 Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes Late in Fractional Hour Ringing in Deducted 1 through 6 7 through 12 1/10 2/10 13 through 18 3/10 19 through 24, etc. 4/10 The regular hours of work, Monday through Friday, are from 7:30 to 11:30 A.M. and from 12:30 to 4:30 P.M. During one week, Henry Vanderhoff, who earns $12.15 an hour, reports in and checks out as shown below. Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes after 11:30 and 4:30. (a) DAY AM PM HRS WORKED In Out In Out 7:28 11:31 12:29 4:31 7:35 11:30 12:30 4:30 7:50 11:33 12:27 4:32 Th 7:27 11:31 12:50 4:33 F 7:28 11:32 12:40 4:30
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