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 10/126:4012:101:105:45 10/137:0012:351:404:40 Total hours: What is the total pay. Overtime is double. Regular hourly wage is $8.5505 for a 40 hour week.

2. SECTION 1.4 PIECEWORK

3. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 3 of 12 1-4 Section Objective Compute: total pay on a piecework basis

4. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 4 of 12 1-4 piecework (p. 99) A specified amount of money paid to an employee for each item of work completed. Key Words to Know

5. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 5 of 12 1-4 PIECEWORK BASIS VS HOURLY RATE BASIS WHY???? Some jobs are based on how much you get done. For Example: washing cars, painting houses, cutting lawns, etc.

6. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 6 of 12 1-4 Total Pay = Rate per Item × Number of Items Produced Formula

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

8. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 8 of 12 1-4 Step: Find the total pay. Last week: $8.00 × 45 = $360.00 This week: $8.00 × 42 = $336.00 Example 1 Answer

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

10. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 10 of 12 1-4 Weekdays : $20 x 14 = $280.00 Weekends : $25 x 3 = $75.00 = $355.00 Practice 1 Answer

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

12. SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 1- 4, Slide 12 of 12 1-4 $5.00 x 74 = $370 Practice 2 Answer

13. Piecework 1-4 END 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!