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1. The following information relate to 4 employees A,B,C and D. D 40 EMPLOYEES. A B 38 36 K4500 K4320 42 120 34 Actual hours
1. The following information relate to 4 employees A,B,C and D. D 40 EMPLOYEES. A B 38 36 K4500 K4320 42 120 34 Actual hours worked Hourly rate of pay Output in units X Y K4,000 K6,000 120 72 76 270 N 92 50 Xm6 minutes Standard time allowed per unit minutes y - 9minutes z - 15 Each minute earned is valued at K80for piece work calculation. You are required to calculate for each employee his earnings using (a) Guaranteed hourly rates only (b) Piece work, but with earnings guaranteed at 75% of basic pay. (C) Premium bonus in which the employee received two-thirds of time saved in addition to hourly pay
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