EXAMPLE: Figure 2.3 Time Card No. 312...
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Accounting
EXAMPLE:
Figure 2.3 Time Card
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Under the decimal system of computing time worked at Timmerman Company, production workers who are tardy are "docked" according to the schedule shown below.
Minutes Late in Ringing in | Fractional Hour Deducted |
1 through 6 | 1/10 |
7 through 12 | 2/10 |
13 through 18 | 3/10 |
19 through 24, etc. | 4/10 |
The regular hours of work, Monday through Friday, are from 7:30 to 11:30 A.M. and from 12:30 to 4:30 P.M. During one week, Henry Vanderhoff, who earns $10.30 an hour, reports in and checks out as shown below. Employees are not paid for ringing in a few minutes before 7:30 and 12:30 nor for ringing out a few minutes after 11:30 and 4:30.
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Refer to the partial time card above and compute the following:
a. The hours worked each day. Enter any fraction of an hour as a decimal. For example 23/10 hours would be entered as 2.3.
Monday | HOURS: |
Tuesday | HOURS: |
Wednesday | HOURS: |
Thursday | HOURS: |
Friday | HOURS: |
B. The total hours worker:______hours
C. The gross eranings for the week. Round your answer to the nearest cent: $_______
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