Under the decimal system of computing time worked at Carman's Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes Late in Ringing in Fractional Hour Deducted 1 through 6 1/10 7 through 12 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, Bernard Hoskins, who earns $12.95 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 M In Out In Out 7:28 11:31 12:50 4:31 T 7:35 11:30 12:30 4:30 W 7:44 11:33 12:27 4:32 Th 7:27 11:31 12:32 4:33 F 7:34 11:32 12:40 4:30 Refer to the partial time card and compute the following: a. The hours worked each day. Enter any fraction of an hour as a decimal. For example 23/10 hours would be entered as 2.3. Monday hours Tuesday hours Wednesday hours Thursday hours Friday hours b. The total hours worked. Round your answer to one decimal place. hours c. The gross earnings for the week, rounded to the nearest cent. $
Under the decimal system of computing time worked at Carman's Company, production workers who are tardy are "docked" according to the schedule shown below. Minutes Late in Ringing in Fractional Hour Deducted 1 through 6 1/10 7 through 12 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, Bernard Hoskins, who earns $12.95 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 M In Out In Out 7:28 11:31 12:50 4:31 T 7:35 11:30 12:30 4:30 W 7:44 11:33 12:27 4:32 Th 7:27 11:31 12:32 4:33 F 7:34 11:32 12:40 4:30 Refer to the partial time card and compute the following: a. The hours worked each day. Enter any fraction of an hour as a decimal. For example 23/10 hours would be entered as 2.3. Monday hours Tuesday hours Wednesday hours Thursday hours Friday hours b. The total hours worked. Round your answer to one decimal place. hours c. The gross earnings for the week, rounded to the nearest cent. $
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Under the decimal system of computing time worked at Carman's Company, production workers who are tardy are "docked" according to the schedule shown below.
| Minutes Late in Ringing in |
Fractional Hour Deducted |
| 1 through 6 | 1/10 |
| 7 through 12 | 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, Bernard Hoskins, who earns $12.95 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) | ||||||||||||||||||||||||||||||||||||||
|
Refer to the partial time card and compute the following:
a. The hours worked each day. Enter any fraction of an hour as a decimal. For example 23/10 hours would be entered as 2.3.
| Monday | hours |
| Tuesday | hours |
| Wednesday | hours |
| Thursday | hours |
| Friday | hours |
b. The total hours worked. Round your answer to one decimal place.
hours
c. The gross earnings for the week, rounded to the nearest cent.
$
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