Question

Edie Manson worked the following schedule: Monday, 8 hours; Tuesday, 9 hours; Wednesday, 7 hours 48 minutes; Thursday, 8 hours; Friday, 8 hours. The employer pays overtime for all time worked in excess of 40 hours per week. Required: Determine Edie's total time worked according to the (a) quarter-hour method and (b) the hundredth-hour method. Which is the more favorable method for Edie, quarter-hour or hundredth-hour? (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

Answer 1

Answer:

hundredth = 40.48 which is 40.8

Quarter = 40.48 which is 40.75

Explanation:

The total number of hours worked in all days of the week for Manson is 40 hours 48 minutes.

In hudredth time the conversion of 40.48 equals 40.8 but in quarter time to round time to nearest quarter hour, we have to round the times within 7 minutes of a 15 minute mark to that 15 minutes.  Since 48 minutes are only 3 minutes more than 45 minutes, we round back to 45 minutes which is 0.75 in decimal.

Hence the hundredth hour timing is preferred for Edie Manson because it shows a higher time for hours worked and potentially more pay.