Calculate the remuneration of Molly for $08$ February $2024$ using Taylor$$s differential piecework system.

$(4$ marks$)$

INFORMATION

The following information relates to the remuneration of Molly for $08$ February $2024$:

Standard time allowed

$20$ minutes per unit

Standard workday

$8$ hours

Normal wage rate

R$120$ per hour

Premium

$90\%$ of piecework rate if below standard

$110\%$ of piecework rate if standard or above standard

Molly$$s production for the day

$27$ units