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confused Example 2-24 Assume that in the preceding example, Galmes earned overtime at a piece rate of one and one-half times the regular rate for
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Example 2-24 Assume that in the preceding example, Galmes earned overtime at a piece rate of one and one-half times the regular rate for all pieces produced during overtime hours. Of the total 3,073 pieces produced, 272 were produced in the 4 overtime hours. Galmes' total piecework and overtime earnings are as follows: 2,801$0.1875=$525.19pieceworkearnings 272pieces$0.2813($0.18751.5)=$76.51overtimeearnings $525.19+$76.51=$601.70pieceworkandovertimeearnings During the first week in November, Erin Mills worked 45.50 hours and produced 1,292 units under a piece-rate system. The regular piece rate is $0.36 a unit. Mills had agreed with her employer prior to the performance of the work that she would be paid one and one-half times the regular piece rate for all pieces pr were 1,097 pieces during regular hours and 195 pieces during overtime hours. Compute the following amounts. Round your overtime rate to two decimal places and use the rounded amount in subsequent computations. Round the final answers to the neaStep by Step Solution
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