3) Maycee Company uses a differential piece rate to motivate its employees. The following differential rates apply: • 80% of piece rate below standard 120% of piece rate at above standard Worker A produces 200 units per day and Worker B produces 320 units per day. Required: Calculate the earnings of workers A and B under the differential piece rate system from the following particulars: a. Normal rate per hour at RM3.60, and b. Standard time per unit at 2 minutes.

3) Maycee Company uses a differential piece rate to motivate its employees. The following differential rates apply: • 80% of piece rate below standard 120% of piece rate at above standard Worker A produces 200 units per day and Worker B produces 320 units per day. Required: Calculate the earnings of workers A and B under the differential piece rate system from the following particulars: a. Normal rate per hour at RM3.60, and b. Standard time per unit at 2 minutes.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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