A company is operating 50-50 Halsay premium plan. Compute the total wages of the worker per hour working in the factory based on the following information:- Time rate = ksh 60/hr. Time allowed standard = 100hrs. Time taken = 75 hrs (b) If a worker is employed for the manufacture of consumable items at a piece rate of ksh150 and has to prepare 50 items in 8 hours of work, but he prepared 55 items in 8 hours. Calculate his total daily earnings by piece rate system. Also calculate extra earnings
A company is operating 50-50 Halsay premium plan. Compute the total wages of the worker per hour working in the factory based on the following information:- Time rate = ksh 60/hr. Time allowed standard = 100hrs. Time taken = 75 hrs (b) If a worker is employed for the manufacture of consumable items at a piece rate of ksh150 and has to prepare 50 items in 8 hours of work, but he prepared 55 items in 8 hours. Calculate his total daily earnings by piece rate system. Also calculate extra earnings
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company is operating 50-50 Halsay premium plan. Compute the total wages of the worker per hour working in the factory based on the following information:-
Time rate = ksh 60/hr. Time allowed standard = 100hrs. Time taken = 75 hrs
(b) If a worker is employed for the manufacture of consumable items at a piece rate of ksh150 and has to prepare 50 items in 8 hours of work, but he prepared 55 items in 8 hours. Calculate his total daily earnings by piece rate system. Also calculate extra earnings
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