Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 28, 2024

1.4 Calculate the earnings of G. Henry using the straight piecework incentive scheme from the information provided below. INFORMATION (4 marks) G. Henry is

1.4 Calculate the earnings of G. Henry using the straight piecework incentive scheme from the information provided below. INFORMATION (4 marks) G. Henry is employed by Royal Manufacturers and is paid R250 per hour. His normal working day is 9 hours. The standard time to produce a product is 5 minutes. If G. Henry produces more than his quota, he receives 1 times the hourly rate on the additional output. G. Henry produced 132 units for the day.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,

10th Canadian Edition, Volume 1

978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736

More Books

Students also viewed these Accounting questions

Question

★★★★★

a. Calculate the quick ratio of company B in FY2020. State what factors need to be considered when evaluating company B?s short-term liquidity and analyse the impact of these factors on the...

Answered: 1 week ago

Question

★★★★★

Does the act of state doctrine bar Robco from seeking to enforce the contract? Explain. Robco, Inc., was a Florida arms dealer. The armed forces of Honduras contracted to purchase weapons from Robco...

Answered: 1 week ago

Question

★★★★★

Assess how the start-up technology business may be impacted by the required compliance with U.S. GAAP accounting methods and make a suggestion for how the business managers should minimize the impact...

Answered: 1 week ago

Question

★★★★★

2.54 TV Viewers The number of television viewing hours per household and the prime viewing times are two factors that affect television advertising income. A random sample of 25 house- holds in a...

Answered: 1 week ago

Question

★★★★★

Raleigh Department Store converted from the conventional retail method to the LIFO retail method on January 1, 2009, and is now considering converting to the dollar-value LIFO retail inventory...

Answered: 1 week ago

Question

★★★★★

1. Assume a particular stock has an annual standard deviation of 55 percent. What is the standard deviation for a 2-month period? (Round your answer to 2 decimal place. Omit the "%" sign in your...

Answered: 1 week ago

Question

★★★★★

Wing Yin Tsui, CEO of Lian Huang & Wong Bin Dean Hwang Manufacturing Limited is considering a four year project. The project requires an initial investment of $10,000,000 to buy new equipment. The...

Answered: 1 week ago

Question

★★★★★

E7-5 (Algo) Calculating Ending Inventory and Cost of Goods Sold Under FIFO, LIFO, and Average Cost LO7-2 Nittany Company uses a periodic inventory system. At the end of the annual accounting period,...

Answered: 1 week ago

Question

★★★★★

The following is the regulatory network that controls the activity of the mitotic regulatory kinase (Cdk-1) that is critical for the G2M phase transition of a cell during the cell cycle. DNA damage...

Answered: 1 week ago

Question

★★★★★

The following drawing represents a cardiac stem cell (CSC) lineage commitment and differentiation in mice. a) List two characteristics of CSC that qualifies them as stem cells. b) Briefly describe...

Answered: 1 week ago

Question

★★★★★

5. (35 points) Consider a random sample X1, X2, ..., Xn taken from a population with the following density parameterized by > -1: fo(x) = = { + (0+1)x, 0 Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

1. Answer the following counting questions. a. Out of a group of 7 individuals, in how many ways can a chair, vice chair, and secretary be chosen? b. Among 10 people, 6 will be selected to go to a...

Answered: 1 week ago

Question

★★★★★

You are required the forms as per given scenario. You can choose any offline software to design the form. The form is just a design so needs not be in working stage. You cannot use online platforms...

Answered: 1 week ago

Question

★★★★★

For Questions 4 6 , use the information provided below concerning Warrior - Ade. Sports Science International is considering launching a new sports drink Warrior - Ade. The estimated project life is...

Answered: 1 week ago

Question

★★★★★

The manager for retail customers, Katie White, wants to hear your opinion regarding one business offer she has received from an entrepreneur who is starting a mobile phone app called Easy Money. The...

Answered: 1 week ago

Question

★★★★★

Individuals need to manage their own careers and aim to become career resilient, so that they have developed the skills and knowledge to overcome career setbacks. Continuous professional development...

Answered: 1 week ago

Question

★★★★★

What is the career management challenge for the early twenty-first century? What appropriate strategies and actions might there be for employers and employees?L01

Answered: 1 week ago

Question

★★★★★

Theories of career development include career stage theories. Although these were developed in an era of more stable career structures they still have interpretive value if used in a flexible...

Answered: 1 week ago

Previous Question Next Question