Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In a factory differential piece rate system is used. The differential applied as follow: 75 percent of standard piece rate for the output below standard

In a factory differential piece rate system is used. The differential applied as follow: 75 percent of standard piece rate for the output below standard 120 percent of standard piece rate for the output above standard Standard output is 630 units per hour and standard wage rate is 950 dollars per hour. worker A produced 620 Units, worker B produced 640 Units, and worker C produced 660 Unis.Calculate the earnings of each worker under differential Rate system.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Auditing A Guide For The New Auditor

Authors: David Galloway

3rd Edition

0894136917, 9780894136917

More Books

Students also viewed these Accounting questions

Question

=+nk so that p( B(k)) Answered: 1 week ago

Answered: 1 week ago

Question

* What is the importance of soil testing in civil engineering?

Answered: 1 week ago

Question

Explain the concept of shear force and bending moment in beams.

Answered: 1 week ago