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Consider the following concerning the monthly remuneration of three workers .Standard production per month per worker 1,000 units .Actual production during the month: A, 850
Consider the following concerning the monthly remuneration of three workers
.Standard production per month per worker 1,000 units
.Actual production during the month: A, 850 units; B, 750 units; and C, 950 units
.Piece work rate K0.10 per unit (actual production)
.Additional production bonus is K10 for each percentage of actual production that exceeds 80% over standard
. Dearness pay fixed at K50 per month for each employee.
Required: Calculate the total monthly remuneration for three workers: A, B,and C
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