Edie Manson worked the following schedule: Monday, 6 hours; Tuesday, 10 hours; Wednesday, 8 hours, 36 minutes; Thursday, 9 hours; Friday, 10 hours. The employer pays overtime for all time worked in excess of 40 hours per week. Edie Manson is paid $36 an hour.
Determine Edie's total time worked according to the (a) quarter-hour method and (b) the hundredth-hour method. Which is the more favorable method for Edie, quarter-hour or hundredth-hour? (Round your answers to 2 decimal places.)
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Solution a:
Total hours worked by Edie Manson = 6 hours + 10 hours + 8 hours, 36 minutes + 9 hours + 10 hours
= 43 hours, 36 minutes
Total time worked using quarter hour method = 43 hours + 30/60 = 43.50 hours (Rounded off to nearest quarter hour)
Solution b:
Total time worked using hundredth hour time = 43 hours + 36/60 = 43.60 hours
Solution c:
More favorable method for Edie Manson = Hundredth hour
Edie Manson worked the following schedule: Monday, 6 hours; Tuesday, 10 hours; Wednesday, 8 hours, 36...
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