150 pieces x $10 = $1500 $1500 / 50 hours = $30 (regular rate) $30 x 1.5 (overtime rate) x 10 hours (overtime) = $450 $1500 + $450 = $1950 (total) In case you have a fixed schedule and earn a weekly salary of $600 per a typical 40-hour workweek, to calculate your re...
Consumer surplus andproducersurplus are important pieces of the equation. Markets tend to fluctuate, especially because consumers are able or willing to spend at different price points for any given product or service. This is where a surplus is created. ...
A non-exempt employee holds two jobs with the same company. In a single workweek, the employee works 10 hours for $12 an hour and 40 hours for $20 an hour. When there are two or more pay rates, the weighted average is the usual rate for that workweek. To calculate overtime: First ...
If you are looking at a diagram of a circle on a typical phone screen or even a laptop computer, it would be hard to imagine visualizing what one sliver of that circle would look like if it were divided into 360 pieces, much less 21,600 pieces (the total individual minutes) or well ...
As shown in Figure 6, the total carbon emissions from the construction phase were 126.4 tCO2 and 8.06 kgCO2/m2 per unit area. The three pieces of mechanical equipment with the largest share were the self-lifting tower crane, the AC arc welding machine (30 kVA), and the truck (4 t), ...
Direct materials: 6 pieces per gadget at $0.50 per piece Direct labor: 1.3 hours per gadget at $8 per hour Variable manufacturing overhead: 1.3 hours per gadget at $4 per hour Fixed manufacturing overhead: 1.3 hours per gadget at $6 per hour ...