5a 2. Daphne Hudson works for a company with a semi-monthly pay cycle. She earns $100,000 per year and regular earningsare based on a 40-hour week. Since Daphne is a supervisor, overtime is approved only for special projects. Overtime ispaid at time and a half for any approved hours. She receives a parking allowance of $100 per month and is paid $25 perhour for working on-call on weekends. Vacation time is accumulated and taken as paid time-off in the summer.During this pay cycle Daphne worked 12 hours of approved over-time this pay cycle and was on-call for 8 hours onSaturday.Calculate Daphne's gross earnings for this pay cycle.Type of WageRegularOvertimeParking AllowanceOn Call PayGross EarningsCalculationAmount

Earning per year $100,000 Work week (hrs.) 40 Parking allowance per month $100 On-call…

Answered: Daphne Hudson works for a company with…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A local firm manufactures children’s toys. The projected demand over the next fourmonths for one particular model of toy robot isForecasted DemandMonth Workdays (in aggregate units)July 23 3,825August 16 7,245September 20 2,770October 22 4,440 Assume that a normal workday is eight hours. Hiring costs are $350 per workerand firing costs (including severance pay) are $850 per worker. Holding costsare $4.00 per aggregate unit held per month. Assume that it requires an averageof 1 hour and 40 minutes for one worker to assemble one toy. Shortages are notpermitted. Assume that the ending inventory for June was 600 of these toys and themanager wishes to have at least 800 units on hand at the end of October. Assume thatthe current workforce level is 35 workers. Find the optimal plan by formulating as alinear program
Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, calculate hourly rates and overtime rates as follows: 1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, simply drop the third decimal place. Examples: Monthly rate $1,827Weekly rate ($1,827 × 12)/52 = $421.615 rounded to $421.62Hourly rate $421.62/40 = $10.540 rounded to $10.54O.T. rate $10.54 × 1.5 = $15.81 Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Paying Less Than the Minimum Wage Under certain conditions, wages lower than the minimum wage may be paid to some employees. Tipped employees. A training wage allows employers to pay $4.25…
overtime long time periods of several years, supervisory labor costs will tend to behave as: a. fixed cost b. semi fixed cost c. variable cost d. linear variable cost
Timber Solutions Ltd. is expanding and needs to hire more personnel in the accounting office. Leena Barker, the chief accounting officer, knew that her cousin Rose was looking for a job. Leena offered Rose a job as her assistant. Leena will be responsible for Rose’s performance reviews and training. Question List some problems with the proposed personnel situations in the accounting department ?
List the three processes involved in creating a retention schedule.
Which are the 3 payroll options available inside QuickBooks Online companies?
Resource Allocation Your salami manufacturing plant can order up to 1,000 pounds of pork and 2,400 pounds of beef per day for use in manufacturing its two specialties: Count Dracula Salami and Frankenstein Sausage. Production of the Count Dracula variety requires 1 pound of pork and 3 pounds of beef for each salami, while the Frankenstein variety requires 2 pounds of pork and 2 pounds of beef for every sausage. In view of your heavy investment in advertising Count Dracula Salami, you have decided that at least one third of the total production should be Count Dracula. On the other hand, because of the health-conscious consumer climate, your Frankenstein Sausage (sold as having less beef) is earning your company a profit of $9 per sausage, while sales of the Count Dracula variety are down and it is earning your company only $1 per salami. Given these restrictions, how many of each kind of sausage should you produce to maximize profits, and what is the maximum possible profit (in…
Resource Allocation Your salami manufacturing plant can order up to 1,000 pounds of pork and 2,400 pounds of beef per day for use in manufacturing its two specialties: Count Dracula Salami and Frankenstein Sausage. Production of the Count Dracula variety requires 1 pound of pork and 3 pounds of beef for each salami, while the Frankenstein variety requires 2 pounds of pork and 2 pounds of beef for every sausage. In view of your heavy investment in advertising Count Dracula Salami, you have decided that at least one third of the total production should be Count Dracula. On the other hand, because of the health-conscious consumer climate, your Frankenstein Sausage (sold as having less beef) is earning your company a profit of $5 per sausage, while sales of the Count Dracula variety are down and it is earning your company only $1 per salami. Given these restrictions, how many of each kind of sausage should you produce to maximize profits, and what is the maximum possible profit (in…
Explain the influence of supply and demand on scheduling
a.) Prepare a sample of maintenance plan and schedule of a work shop. b) Enumerate the objective of manpower planning.
For a 12-person team, how many extra workers should be hired to meet the labor hours needed without overtime? Labor Information Regular Rate $15.00/hr Overtime Rate $24.50/hr Targeted Labor Cost $12,000/wk Labor Hours Needed 800/wk Any hour worked over 40 hrs/wk must be paid overtime rate 8 20 67 320 1000

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