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umka21 [38]
3 years ago
10

Kyle forman worked 47 hours during the week for erickson company at two different jobs. his pay rate was $14.00 for the first 40

hours, and his pay rate was $11.80 for the other 7 hours. determine his gross pay for that week if the company uses the one-half average rate method.
Business
2 answers:
krek1111 [17]3 years ago
4 0
His gross pay was $754.60
velikii [3]3 years ago
4 0

Answer: Gross pay = $690.37

Explanation:

average hourly rate = ( (40×14)+(7×11.80) )/ (40+7)

average hourly rate = 642.60 / 47 = 13.67234043

average hourly rate = $ 13.67 per hour

Pay from first job (40 hours and $ 13.67 rate per hour)

Pay from first job = 40 × 13.67 = $ 546.80

the company uses one - half average rate method for overtime pay. 40 hours is considered normal working hours, hours above 40 are regarded as over time. Kyle Forman worked 47 hour ,the extra 7 hours will be regarded as overtime. The company uses one-half average rate pay method. the overtime hourly is 1.5 of the average hourly rate

overtime rate = 13.67 × 1.5 = 20.505 = 20.51

overtime pay =  7 × 20.51 = 143.57

Gross Pay = 546.80 + 143.57 = $ 690.37

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When price of bananas increase from $0.90 to $1.10 a pound and total revenue remained unchanged, it means that the quantity of Bananas sold must have decreased.

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When dealing with an "ordered list" of items inside of powerpoint it is best to use _____ to organize them?
Norma-Jean [14]

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In Microsoft PowerPoint, there are two ways to organize a list: using the Bullets option to create a bulleted list, where the order of items does not matter or using the Numbering option to create a numbered list, <u>where the order of items matter</u>.

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3 0
3 years ago
Read 2 more answers
The operating cycle begins when a firm:_________.
adell [148]

Answer:Option A

Explanation:

The operating cycle is the average period of time required for a business to make an initial outlay of cash to produce goods, sell the goods, and receive cash from customers in exchange for the goods sold. It is useful for estimating the amount of working capital that a company will need in order to maintain or expand its business.

The rest of the options buttress the operating cycle but the question wants to identify the beginning which is the start point of the cycle.

4 0
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ivann1987 [24]

Answer:

a. $300,000

Explanation:

Calculation

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Using this formula

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Let plug in the formula

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