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QUESTION 1 ( 2 0 Marks ) 1 . 1 REQUIRED Calculate the remuneration of Molly for 0 8 February 2 0 2 4 using
QUESTION Marks REQUIRED Calculate the remuneration of Molly for February using Taylor's differential piecework system. marks INFORMATION The following information relates to the remuneration of Molly for February : tableStandard time allowed, minutes per unitStandard workday, hoursNormal wage rate,R per hourPremium of piecework rate if below standard of piecework rate if standard or above standardMollys production for the day, units REQUIRED Use the information provided below to calculate the economic order quantity. marks INFORMATION The average monthly usage of an item that costs R each and sells for R each is units. The holding cost is of the cost of the item. The cost to place an order is R REQUIRED Calculate the earnings of Amanda for the day using the straight piecework incentive scheme. marks INFORMATION The standard time to produce a product is minutes. Amanda is paid R per hour and the normal working day is hours. If Amanda produces more than her quota, she receives times the hourly rate on the additional output. Amanda produced units for the day.
QUESTION
Marks
REQUIRED
Calculate the remuneration of Molly for February using Taylor's differential piecework system.
marks
INFORMATION
The following information relates to the remuneration of Molly for February :
tableStandard time allowed, minutes per unitStandard workday, hoursNormal wage rate,R per hourPremium of piecework rate if below standard of piecework rate if standard or above standardMollys production for the day, units
REQUIRED
Use the information provided below to calculate the economic order quantity.
marks
INFORMATION
The average monthly usage of an item that costs R each and sells for R each is units. The holding cost is of the cost of the item. The cost to place an order is R
REQUIRED
Calculate the earnings of Amanda for the day using the straight piecework incentive scheme.
marks
INFORMATION
The standard time to produce a product is minutes. Amanda is paid R per hour and the normal working day is hours. If Amanda produces more than her quota, she receives times the hourly rate on the additional output. Amanda produced units for the day.
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