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The following information relates to three employees: Arnold, Brown and Carter Workers Arnold Brown Carter Actual hours worked 37 41 35 Hourly pay rate S$
The following information relates to three employees: Arnold, Brown and Carter Workers Arnold Brown Carter Actual hours worked 37 41 35 Hourly pay rate S$ 3.20 2.75 4.10 Output (units); Product S 50 174 Product T 93 70 Product U 99 75 225 The standard time for each item is product S 5 mins, product T 10 mins, and product U 12 mins. For piece rate purposes, each minute is valued at S$0.05. You are required to calculate the weekly pay for each of the three workers using: (a) guaranteed hourly rates only [basic pay] (b) piece work, basis piece rate calculations Using the information given below, calculate the remuneration of each employee according to the following methods: (a) hourly rate (b) basic piece rate (c) individual bonus scheme, where the employee receives a bonus calculated as: Time saved X Weekly wages as per hourly rate Time allowed Brenda 360 Employee Alice Units produced 420 Time allowed (mins/unit) 5 Time taken (hours) 28 10 54 6.25 7.50 Rate per hour (S$) Rate per unit (S$) 0.45 1.25
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