Q: What does the rate 1/12 hours divided by dollars mean?

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20 divided by 2 = 10

It's roughly $22.12 an hour. Take the annual rate and divide by 2080 (the number of hours in a work year) and you will get the hourly rate.

The formula would be, hours worked x dollars/hour = dollars. So for example, if you work for 30 hours, at the rate of $20/hour, that results in a payment of $600 (before deductions - there are withholding taxes, etc.).

(number of miles covered) divided by (number of hours for the trip)

$17 for every hour.

Related questions

The actual rate is the total dollars divided by total hours or pieces. The actual formula is not dependant on any standard rate. The rate variance, however, cannot be determined without the standard rate. The rate variance is the difference between actual rate and standard rate.

The rate is $2.25 per book ($18 divided by 8 books).

fatal accident rate is number of fatal accidents x 100,000 divided by the total hours worked. Accident incident rate is the total number of accidents x 100,000 divided by the total hours worked. accident severity rate is the total days lost x 1,000 divided by the total hours worked

Multiply 12.45 by an hourly rate. At 10 dollars an hour, that's $124.50

20 divided by 2 = 10

You'll have to be more specific as to the type of dollars you mean.

237,5

780 miles in 12 hours would mean he's going 65 mph. 780 divided by 12 is 65. So he would do 455 miles in 7 hours. 455 divided by 65 is 7.

It's roughly $22.12 an hour. Take the annual rate and divide by 2080 (the number of hours in a work year) and you will get the hourly rate.

severity rate= days lost by workers* 1,00,000 divided by number of hours worked

The formula would be, hours worked x dollars/hour = dollars. So for example, if you work for 30 hours, at the rate of $20/hour, that results in a payment of $600 (before deductions - there are withholding taxes, etc.).

(number of miles covered) divided by (number of hours for the trip)