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Based on the data below you are required to calculate the remuneration of each employee as determined by each of the following methods Hourly rate

Based on the data below you are required to calculate the remuneration of each employee as determined by each of the following methods

Hourly rate

Basic piece rate

Individual bonus scheme where the employee receives the bonus in proportion of the time saved to time allowed

Name of employee

Salmon

Roala

Pike

Units produced

270

200

220

Time allowed in minutes per unit

10

15

12

Time taken (hours)

40

38

36

Rate per hour (Kshs)

125

105

120

Rater per unit (Kshs)

20

25

24

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