Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Amalgamated Ltd is a manufacturer of a product used in the motor industry. The product is assembled from various parts and the production operatives are
Amalgamated Ltd is a manufacturer of a product used in the motor industry. The product is assembled from various parts and the production operatives are paid on a piecework basis. The piece work scheme to be applied to all good production in a week is as follows: 0100units:101200units201300unitsOver300units$0.40perunit$0.48perunit$0.56perunit$0.64perunit Rejected production does not qualify for payment. It should be noted that only additional units qualify for the higher rates The following output was achieved by three operatives during the week ending 31 October 2005. Required: (a) Calculate separately the earnings of each of operatives A, B and C for the week ending 31 October 2005. (b) What are two advantages to an employer if they use a piecework scheme? (c) What is one disadvantage to an employer if they use a piecework scheme
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