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Actual production: 350Number of hours worked: 10Rate per hour: $7Per unit payment: $0.20Standard Production: 350Considering the above information, calculate the following information using straight piecework
Actual production: 350Number of hours worked: 10Rate per hour: $7Per unit payment: $0.20Standard Production: 350Considering the above information, calculate the following information using straight piecework incentive method i. Total payment ii. Per hour standard of production iii. How did manager determine the rate of per unit payment?
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