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Question Three a) Eko Limited adopts differential piece rate system of remunerating its workers. The following piece rates are determined at various levels of output
Question Three a) Eko Limited adopts differential piece rate system of remunerating its workers. The following piece rates are determined at various levels of output Production Units Rate Per Unit First 30 N100 Next 31 to 60 N170 Next 61 to 90 N260 Above 90 N330 Given the following details on the output of three workers for week 4: Aliyu - 45 units; Olu - 82 Units and Akpan - 125 units Calculate their individual pay for week 4 (10 marks) b) An employee is paid a time and half for overtime during the week and double rate for weekends. If his basis rate per hour for a 35 hr week is N120, calculate his total wage for March, using the following information Normal hrs Hours worked Weekdays 43 Weekend 12 (5 marks 3 35 22
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