Instruction 2-2 Carry Each Hourly Rate and Each Overtime Rate to 3

question 43

Essay

Instruction 2-2
Carry each hourly rate and each overtime rate to 3 decimal places and then round off to 2 decimal places . 
Refer to Instruction 2-2. Bob Knox is paid on a piece-rate basis. He is paid 30 cents for each unit he produces. For overtime work,  he receives in addition to his piece-rate earnings a sum equal to one-half the regular hourly pay multiplied by the  hours worked in excess of 40 in a week. During a particular week, Knox worked 45 hours and produced 1,890 units.  His total earnings for the week are _____.

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Definitions:

Natural Right

A philosophy asserting that individuals inherently possess rights that cannot be taken away by government or society, such as life, liberty, and property.

Pursuit of Happiness

Often associated with the US Declaration of Independence, it refers to the right of individuals to seek and attain their own version of happiness.

Property Ownership

The legal right or title to possess, use, and dispose of physical or intellectual property.

Sedition

Conduct or speech inciting rebellion against the authority of a state or sovereign.