Question
Use the following information to answer question 14. A company employed Mark to produce an item. During the course of a week, he worked
Use the following information to answer question 14. A company employed Mark to produce an item. During the course of a week, he worked for 40 hours. Mark's rate of pay was $4.80 per hour and he produced 270 units of the product. The budgeted time allowed to complete one unit of the product 10 minutes. 14. What is the gross wage for Mark if a bonus is paid at $3.60 for each hour saved? A. $162.00 B. $194.00 C. $210.00 D. $240.00 15. A firm's basic rate is $6 per hour and overtime rates are time and a half for evenings and double for weekends. Job AX32 used the following labour hours, normal, evenings and weekends are 240, 51 and 5 respectively. Calculate the direct labour cost chargeable to the job where overtime is worked occasionally to meet production requirements. A. $ 519 B. $1,776 C. $1,959 D. $2,295
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