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The following information relate to 4 employees A,B,C and D. EMPLOYEES. A B C D Actual hours worked 38 36 40 34 Hourly rate of
The following information relate to 4 employees A,B,C and D. EMPLOYEES. A B C D Actual hours worked 38 36 40 34 Hourly rate of pay K4.5 K4.320 K4 K6 Output in units X 42 120 - 120 Y 72 76 - 270 Z 92 - 50 - Standard time allowed per unit x - 6 minutes y - 9minutes z 15 minutes Each minute earned is valued at 8 Ngwee for piece work calculation. You are required to calculate for each employee his earnings using
1) Guaranteed hourly rates only (4 Marks)
2) Piece work. (6 Marks) [Total: 40 Marks]
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