Weekly Time Card pp. 96-98 1-3 SECTION. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 3,...

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Weekly Time Card pp. 96-981-3SECTIONSECTION

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1-3WARM UP---Solve: Review

Jiwon Chang earns $11.70 per hour plus time and a half for overtime. Last week he worked his regular 40 hours plus six overtime hours on the weekend.

What is his total pay for the week?Overtime Rate: 1.5 (11.70) = $17.55($11.70 X 40 hrs ) + ( $17.55 X 6 hr ) = $573.30

Journal: Transferable skills are common to a number of jobs and can be adapted to a particular employer’s needs. Some examples of transferable skills are good listening skills. What transferable skills do you possess? Tell how you learned these skills.

Today’s Quote:We always underestimate the future. – Charles Kettering

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1-3Homework Review 1-1/2

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1-3Did you know?

Different jobs pay different salaries based on where the job is located? An accountant working income city might be paid very differently than an accountant in another area.

Why would an identical job pay more in one city than in another?

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1-3• Question???

Those of you who have a job, how do you keep track of how many hours you work?

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Why is it important to accurately record your time?

So you get paid for the time you work!

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Section ObjectiveSection ObjectiveCalculate:

• total hours on a weekly time card

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Key Words to KnowKey Words to Know

weekly time card (p. 96)

A record of the time you report for work and the time you depart each day of the week.

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Total Hours = Sum of Daily Hours

FormulaFormula

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Gail Stough is required to keep a weekly time card.

What are her total hours for the week?

Example 1Example 1

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Figure 1.1Figure 1.1

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Date: Mon 9/15

8:15 A.M. - 12:15 P.M. = 4hrs

1:00 P.M. – 5:00 P.M. = 4hrs

4hrs + 4hrs= 8hrs

Example 1 Answer:Example 1 Answer: Step 1Step 1

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Date: Tue 9/16

8:30 A.M. - 12:00 P.M. = 3hrs 30min

12:35 P.M. – 5:20 P.M.

(12:30 p.m. – 5:15 p.m) = 4hrs 45 min *Round each time to the nearest quarter hour

3hrs 30min + 4hrs 45min= 8hrs 15 min.

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Date: Wed 9/17

8:28 A.M. - 12:05 P.M.

(8:30 A.M. – 12:00 p.m) = 3hrs 30min *rounded each time to nearest quarter hour

12:30 P.M. – 4:30 P.M. = 4hrs

3hrs 30min + 4hrs= 7hrs 30 min

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Date: Thur 9/18

8:15 A.M. - 1:45 P.M. = 5hrs 30min

2:15 P.M. – 4:59 P.M.

(2:15 p.m. – 5:00 p.m.) = 2 hrs 45 min*rounded each time to nearest quarter hour

5hrs 30min + 2hrs 45min= 8hrs 15min

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Date: Fri 9/19

8:30 A.M. - 12:20 P.M.

(8:30 A.M.- 12:15 p.m) = 3hrs 45 min *rounded to nearest quarter hour

12:50 P.M. – 5:00 P.M.

(12:45p.m. – 5:00 p.m.)= 4hrs 15min

*rounded to nearest quarter hour

3hrs 45 min + 4hrs 15min= 8hrs

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Sum of All:

8hrs + 8hrs 15min + 7hrs 30min + 8hrs 15min + 8hrs = 40hrs

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1-3Does anyone know how to read military time

• For PM hours, add 12:00 to the time

Example: 1:00pm is 1300 military time

5:00pm is 1700 military time

10:00pm is 2200 military time

Weekly Time Card1-3END OF SECTIONEND OF SECTION

Weekly Time Card pp. 96-98 1-3 SECTION. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 3,...

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