Compute the piecework earnings

Assignment Help Accounting Basics
Reference no: EM13130596

during the first week in November, Erin Mills worked 451/2 hours and produced 1,275 units under a piece-rate system. The regular piece rate is $0.35 a unit. Mills is paid overtime according to the FLSA ruling for overtime work under a piece-rate system. Compute: a. the piecework earnings, b. the regular hourly rate, the overtime hourly rate, c. the overtime earnings, and d. the total earnings.

Reference no: EM13130596

Questions Cloud

Conversion of fractions to decimal representation : State whether each of the following fraction is a terminating or repeating decimal. If the decimal terminates, state the number of decimal places and show how you decided.
Co2 is bubbled through a solution of benzylmagnesium : When CO2 is bubbled through an ether solution of benzylmagnesium bromide, and the resulting mixture is acidified, phenylacetic acid is produced.
Find probability that all five machines are nondefective : A company selects five of the machines at random, thinking all are in working condition. What is the probability that all five of the machines are nondefective?
Is media bias necessarily : Is media bias necessarily and always a bad thing? In what ways might it be useful
Compute the piecework earnings : during the first week in November, Erin Mills worked 451/2 hours and produced 1,275 units under a piece-rate system. The regular piece rate is $0.35 a unit.
Explain how much will working capital at december : Assume that no correcting entries were made at December 31, 2010, or December 31, 2011 and that no additional errors occurred in 2012. Ignoring income taxes, by explain how much will working capital at December 31, 2012 be overstated or understate..
Calculate the number of units sold : The president of Felde Company is under pressure from stockholders to increase net income by $103,350 in 2012. Calculate the number of units sold in 2011.
Partnership earned net income : O. Guillen (beginning capital, $69,000) and K.Williams (beginning capital ($82,000) are partners. During 2008, the partnership earned net income of $71,400, and Guillen made drawings of $18,700 while Williams made drawings of $32,200.
Terminating and repeating decimals : State whether each of the following fractions is a terminating or repeating decimal. If the decimal terminates, state the number of decimal places and show how you decided.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd