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Question 31 (10 points) Listen You are asked to calculate an employee's wages using the Taylor Plan. Use the information given and remember to
Question 31 (10 points) Listen You are asked to calculate an employee's wages using the Taylor Plan. Use the information given and remember to show your work. The normal wage for a speaker manufacturer is $30/hour. When this employee works more than the standard output, their wage increases to $40/hour. The standard time to complete one speaker is .04 hours and workers normally work 8 hour days. A. Find Standard Output, Standard Piece Rate & Incentive Piece Rate (Show your work) B. Imagine this employee produced 250 units. How much would they get paid? Find the Standard Pay, Incentive Pay, and Final Pay (Show your work).
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