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During the first week in November, Erin Mills worked 42.00 hours and produced 1,257 units under a piece-rate system. The regular piece rate is $0.34
During the first week in November, Erin Mills worked 42.00 hours and produced 1,257 units under a piece-rate system. The regular piece rate is $0.34 a unit. Mills is paid overtime according to the FLSA ruling for overtime work under a piece-rate system. Compute the following amounts. Round all divisions to two decimal places and use the rounded amounts in subsequent computations. Round your final answers to the nearest cent. a. The piecework earnings 433.5 x b. The regular hourly rate 5.1607 The overtime hourly rate $10.3214 c. The overtime earnings 10.3214 x d. The total earnings 443.8214 X Feedback Check My Work a. Multiply units by piece rate per unit = Piecework earnings. b. Regular hourly rate is piecework earnings divided by hours worked; overtime hourly rate is regular hourly rate divided by 2. c. Overtime hourly rate multiplied by hours over 40 = Overtime Earnings. d. Total column. Carson Beck has worked for 4 months at the local Worst Buy Shop. As a full-time student at the local university, he is being paid an hourly rate of $4.55 an hour. One week, Beck worked 39 hours. Round your answers to the nearest cent. a. Beck's earnings for the week are $ b. Is the hourly rate in violation of the FLSA? c. If the hourly rate is in violation of the FLSA, what is the amount the shop should pay Beck for the week? When computing the per hour rate, use the government's rounding rule in your calculation. Jill Connor is employed as a salesperson in the men's department of Fashion Line. In addition to her weekly base salary of $355, Connor is paid a commission of 1% on her total net sales for the week (total gross sales less any customer returns). During the past week, to promote the sale of its fine cashmere sweaters, Fashion Line agreed to pay Connor an additional PM (push money) of 1% of the total net sales of cashmere sweaters. Connor's weekly sales tally is given below. Item Gross Sales Customer Returns Regular sweaters $410 $47 Cashmere sweaters 997 74 Ties 191 0 Dress shirts 458 45 Sports shirts 192 24 Compute Connor's total weekly earnings, showing her (a) weekly base salary, (b) commission, (c) PM, and (d) total weekly earnings. Round your intermediate and final answers to the nearest cent. a. Weekly base salary: Weekly gross sales Less customer returns Weekly net sales b. Commission: $ x 1% Weekly gross sales of cashmere sweaters Less customer returns Weekly net sales of cashmere sweaters c. Push money (PM): $ x 1% d. Total weekly earnings
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