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In a particular job or work, the following factors apply: Basic hourly rate = $0.80 Incentive on rate = 20% Output is expected to be
In a particular job or work, the following factors apply: Basic hourly rate = $0.80 Incentive on rate = 20% Output is expected to be 12 units per hour. i) Calculate the piecework rate without incentive ii) Estimate the piecework rate based on incentive Estimate the total wage if Racheal completes 100 units were produced in an 8 hours: iii) Using the piecework rate without incentive iv) Using piecework rate with incentives v) Using hourly rate without incentive vi) Using hourly rate with incentives
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