Brian Packer worked the following schedule: Monday, 9 hours; Tuesday, 9 hours 33 minutes; Wednesday, 9 hours 23 minutes; Thursday, 8 hours 18 minutes; Friday, 8 hours. The employer pays overtime for all time worked in excess of 40 hours per week. Required: Determine Brian's total time worked according to the (a) quarter-hour method and (b) the hundredth-hour method. Which is the more favorable method for Brian, quarter-hour or hundredth-hour? (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Problem 3-1A (Algo)
Brian Packer worked the following schedule: Monday, 9 hours; Tuesday, 9 hours 33 minutes; Wednesday, 9 hours 23 minutes;
Thursday, 8 hours 18 minutes; Friday, 8 hours. The employer pays overtime for all time worked in excess of 40 hours per week.
Required:
Determine Brian's total time worked according to the (a) quarter-hour method and (b) the hundredth-hour method. Which is the more
favorable method for Brian, quarter-hour or hundredth-hour? (Do not round intermediate calculations. Round your final answers to 2
decimal places.)
Quarter-Hour Time Hundredth-Hour Time
More Favorable Method
Quarter-hour
Brian Packer
hours
hours
Transcribed Image Text:с Problem 3-1A (Algo) Brian Packer worked the following schedule: Monday, 9 hours; Tuesday, 9 hours 33 minutes; Wednesday, 9 hours 23 minutes; Thursday, 8 hours 18 minutes; Friday, 8 hours. The employer pays overtime for all time worked in excess of 40 hours per week. Required: Determine Brian's total time worked according to the (a) quarter-hour method and (b) the hundredth-hour method. Which is the more favorable method for Brian, quarter-hour or hundredth-hour? (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Quarter-Hour Time Hundredth-Hour Time More Favorable Method Quarter-hour Brian Packer hours hours
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