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Calculated Industries Time Master II - Billing Rate Calculations; Assembly Production Rates

Calculated Industries Time Master II
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Billing
A consultant who bills at a rate of $125
per hour reports the following hours:
• 2 Hrs 20 Min • 1 Hr 15 Min
• 35 Min • 4 Hr 35 Min
Find the total hours and total bill, using
a temporary rate value.
Steps Keystrokes
Reset calculator [Conv] [x]
Enter 1st value 2 [Hr] 20 [Min] [+]
Add 2nd value 35 [Min] [+]
Add 3rd value 1 [Hr] 15 [Min] [+]
Add 4th value 4 [Hr] 35 [Min] [=]
ANSWER: 8:45 HR MIN SEC
Multiply by rate [x] 125 [Rate]
ANSWER: RATE 1093.75
Scheduling –– Assembly
An assembly line can produce 4.7 wid-
gets per minute. How many can it pro-
duce in a week if it runs three 40–hour
shifts per week?
Steps Keystrokes
Clear calculator [On/C] [On/C]
Find hourly rate 4.7 [x] 60 [=]
Enter as rate [Stor] [Rate]
ANSWER: RATE 282.
Find total hours 40 [Hr] [x] 3 [=]
ANSWER: 120 HR
Multiply by rate [x] [Rate]
ANSWER: 33840.00
User’s Guide – 31

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