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Question: Unless instructed otherwise, compute hourly rate and overtime rates as follows:
1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate).
2. If the third decimal place is 5 or more, round to the next higher cent.
3. If the third decimal place is less than 5, drop the third decimal place.
Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow.
Pan receives 16 cents for every unit produced. Pan produces 2,976 pieces in a 43-hour workweek. For overtime, Pan is paid a sum equal to one-half the regular hourly pay rate multiplied by the number of overtime hours. Pan's total piecework and overtime earnings are $fill in the blank 1. Round your final answer to the nearest cent.
on january 1 2014 lanie corporation had 1086000 of common stock outstanding that was issued at par. it also had
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in january 2013 mitzu co. pays 2700000 for a tract of land with two buildings on it. it plans to demolish building 1
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