INFORMATION

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

$\backslash$table$[[$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$\text{'}$s production for the day,$27$ units$]]$

$1\mathrm{.}2$

REQUIRED

Use the information provided below to calculate the economic order quantity.