June 2007 ECR Exam Paper query
anniebabe
Registered Posts: 595
Morning  just trying to work through an ECR past paper.
Monday 18 June 2007  ECR
Task 1.3
Thought I had answered this question right till I referred to the answer paper.
You are to complete the colums headed Basic Pay, Overtime premium and Total pay.
I have done Monday  Saturday correct
But, Sunday I put £36.00 in Basic and £36.00 in the premium column as it stated that any hours worked on Sunday are paid at Double Time  basic plus an overtime premium.
basic is £12.00 and he worked 3 hours
BUT the answer says that all the 72.00 should be allocated to premium  can someone explain.
Alternative answer is the way I have done it.
Many thanks.
Monday 18 June 2007  ECR
Task 1.3
Thought I had answered this question right till I referred to the answer paper.
You are to complete the colums headed Basic Pay, Overtime premium and Total pay.
I have done Monday  Saturday correct
But, Sunday I put £36.00 in Basic and £36.00 in the premium column as it stated that any hours worked on Sunday are paid at Double Time  basic plus an overtime premium.
basic is £12.00 and he worked 3 hours
BUT the answer says that all the 72.00 should be allocated to premium  can someone explain.
Alternative answer is the way I have done it.
Many thanks.
0
Comments

The right answer is £36 basic £36 overtime premium
Don't let the answer paper put you off.
(Does the question say: "Only pay at more than the basic rate per hour should be included ion the Overtime Premium column." ?)0 
Sandy  this is the question exactly as on paper.
Data
Below is a weekly timesheet for one of the Scheduled Services bus drivers. These drivers work as follows.
• They have to work a basic sixhour shift every day from Monday to Friday, paid at basic pay.
• If they work for more than six hours, on any day from Monday to Friday, the extra hours are paid at
timeandahalf (basic pay plus an overtime premium equal to half of basic pay).
• They also have to work for three hours on a Saturday morning, paid at basic pay.
• If they work for more than three hours on Saturday, the extra hours are paid at double time (basic
pay plus an overtime premium equal to basic pay).
• Any hours worked on Sunday are paid at double time (basic pay plus an overtime premium equal to
basic pay).
Task 1.3
Complete the columns headed Basic pay, Overtime premium and Total pay.
Note:
The employee’s total pay for the week was £570.
Basic Pay is £12.00 per hour0 
Sandy  also if you are reading this post  can you point me in the direction of anything to do with breakeven and/or limited factors  havent been able to get into class due to foot operation and have missed my class  so behind, and not fully understanding the arithmetic.
Many thanks Anne0 
Hi Annie
I got the answer as follows
Monday, Basic Pay £72 , Total Pay £72
Tuesday, Basic Pay £72, Total Pay £72
Wednesday, basic pay £96, OT Premium, £12, Total Pay £108
Thursday, Basic Pay £72 , Total Pay £72
Friday, Basic Pay £84, OT Premium £6, Total Pay £84
Saturday, Basic Pay £60, OT Premium £24, Total Pay £90
Sunday, OT Premium £72
Basic Pay, £456, OT Premium £72
Donna0 
have I just read the question wrong then? misunderstood something?
thought you put the basic and the premium?0 
I think the idea is that Sunday doesn't have any basic pay, as they would not work on Sundays normally, while they work standard 3 hours on Saturday.
However I am not completely sure if that is the answer and the whole what is premium and what not also depends on from what info you need from it, so it might be depending on your point of view.0 
i thought that the Overtime Premium was only the difference between the basic pay and the rate of overtime, ie basic pay £10 per hour, double time is £20 per hour so OT premium is the £10 difference between the too.0

i thought you would put the Sunday to premium as this is over and above the standard working hours0

I also find this confusing. Also check out (on the AAT website) the Practice Assessment for this unit under the new QCF standards  Task 1.3. They do the same thing here  I'm not sure why!
At least it looks as though you will still get full marks for splitting the payment 36/360 
not 100% sure on that one  it gives both ways on the answer sheet.0

I stand by my earlier point
Saturday should be Basic Pay £36 Overtime Premium £36
No ambiguity
I know it can upset you when you look at the exam model answer and expect it to be correct and then get told it is not. But be in no doubt, I am telling you that Saturday Basic Pay £0 Overtime Premium £72 is not correct.0 
Sandy
thats what I thought  but I am only a learner.
any thoughts on the breakeven etc?
Many thanks0 
There a lot of costing text books
3 publishers aim specifically at this paper: Osborne
 Kaplan
 BPP
0 
I have the Osborne Book  but it doesnt seem to be making much sense at the moment, maybe I am reading something wrong  just basically not sinking in.
I understand what breakeven is. its the forumlas that are totally throwing me  maybe I am just reading too much into it all. not sure.0 
If you look in search here there have been plenty of threads on it before
If you've got a big lump of fixed cost, say the room hire for the firm's christmas party and a quote per person from the caterer
then you decide on your price per person take off the quote per person to get a contribution per person
And then divide the room hire by the contribution per person to find how many must buy a ticket before you break even0 
ok will look0

i was confused by break even too but I did a past paper question on it today and it's helped me understand it alot better. i defintely think that doing past papers is helping me understand and learn all the topics better0

I have just started doing past papers as well for this unit even though exam not till dec. hopefully my the time it comes around it will all have clicked into place .0
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