The following particulars for the first week of September 2003 relate to X and Y, two workers
Question:
The following particulars for the first week of September 2003 relate to X and Y, two workers employed in a factory.
The normal working hours per week are fixed at 42 hours. Bonus is paid @ 2/3 of basic wage rate for gross time worked and gross output produced without deduction of rejected output. The rate of overtime for first 4 hours is paid at time plus 1/3 and next 4 hours is paid at time plus 1/2.
From the above data, calculate for each employee:
(a) Number of bonus hours earned and amount of bonus earned.
(b) Total wages earned including basic wages, overtime premium and bonus.
(c) Direct wages cost per 100 saleable units.
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Step by Step Answer:
Given data for worker X Job completed units 3600 Out of above output rejected and unsaleable 540 Time allowed 12 minutes per dozen Basic wages rate pe...View the full answer
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