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SECTION Copyright © Glencoe/McGraw- Hill MBA, Section 1- 4, Slide 1 of 12 1- 4 BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATE IN OUT IN OUT TOTAL 10/9 6:00 12:00 1:00 5:00 10/10 5:45 11:30 12:30 5:15 10/11 7:10 11:50 12:40 5:20 10/12 6:40 12:10 1:10 5:45 10/13 7:00 12:35 1:40 4:40 Total hours: What is the total pay. Overtime is double. Regular hourly wage is $8.5505 for a 40 hour week.
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BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

Mar 30, 2015

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Page 1: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

BELL RINGEREmployee Timecard ***round to quarter hour for each day!!!

DATE IN OUT IN OUT TOTAL

10/9 6:00 12:00 1:00 5:00

10/10 5:45 11:30 12:30 5:15

10/11 7:10 11:50 12:40 5:20

10/12 6:40 12:10 1:10 5:45

10/13 7:00 12:35 1:40 4:40

Total hours:

What is the total pay. Overtime is double. Regular hourly wage is $8.5505 for a 40 hour week.

Page 2: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

SECTION 1.4

PIECEWORK

Page 3: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 3 of 12

1-4

Section ObjectiveCompute:

• total pay on a piecework basis

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 4 of 12

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piecework (p. 99)

A specified amount of money paid to an employee for each item of work completed.

Key Words to Know

Page 5: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 5 of 12

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PIECEWORK BASIS VS HOURLY RATE BASISWHY????

Some jobs are based on how much you get done.For Example: washing cars, painting houses, cutting lawns, etc.

Page 6: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 6 of 12

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Total Pay = Rate per Item × Number of Items Produced

Formula

Page 7: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 7 of 12

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Ramon Hernandez works for National Cabinet Company. He is paid $8.00 for each cabinet he assembles. Last week he assembled 45 cabinets. This week he assembled 42.

What is his pay for each week?

Example 1

Page 8: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 8 of 12

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Step: Find the total pay.

Last week: $8.00 × 45 = $360.00

This week: $8.00 × 42 = $336.00

Example 1 Answer

Page 9: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 9 of 12

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Gabrielle Santos is a little league umpire.He earns $20 per game on weekdays and $25 per game weekends. He umpires 14 weekday games and 3 weekend games.

What is his total pay?

Practice 1

Page 10: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 10 of 12

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Weekdays : $20 x 14 = $280.00

Weekends : $25 x 3 = $75.00

= $355.00

Practice 1 Answer

Page 11: BELL RINGER Employee Timecard ***round to quarter hour for each day!!! DATEINOUTINOUTTOTAL 10/96:0012:001:005:00 10/105:4511:3012:305:15 10/117:1011:5012:405:20.

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 11 of 12

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Cheerleading decided to have a fundraiser on Saturday. They are going to wash cars. If they washed 74 cars and each car was $5.00, how much money did they raise?

Practice 2

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Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 12 of 12

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$5.00 x 74 = $370

Practice 2 Answer

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Piecework1-4END OF SECTIONEND OF SECTION

PAGE 100#3-10

WORK ON YOUR TIMECARD SHEET-DUE TODAY…

IF COMPLETE… GET ANOTHER TIMECARD SHEET FROM ME TO MAKE

YOUR OWN!