Ardhi Company Ltd is considering the type of remuneration scheme to adopt for its employees. The following information is availed to you for your analysis: Employees Mambo. Saidi Mbogo Zainabu Actual hours worked 38 - mambo Saidi-36, mbogo-40hrs, zainabu-34hrs Hourly rate of pay (Sh.) 30 (mambo) Sh20-saidi, sh25-mbogo, sh36-zainabu Output (Units) Mambo saidi. Mbogo zainabu A 42. 120. - 120 B 72. 76. - 270 C 92. - 50. - Output A - 6. B-9. C-15 Standard time allowed per unit (minutes) For the calculation of piecework earnings the company value each minute at a rate of Sh.0.5. Required: Calculate the earnings for each employee using: Basic guaranteed hourly rates. Piecework rates.
Ardhi Company Ltd is considering the type of remuneration scheme to adopt for its employees.
The following information is availed to you for your analysis:
Employees
Mambo. Saidi Mbogo Zainabu
Actual hours worked 38 - mambo
Saidi-36, mbogo-40hrs, zainabu-34hrs
Hourly rate of pay (Sh.) 30 (mambo)
Sh20-saidi, sh25-mbogo, sh36-zainabu
Output (Units)
Mambo saidi. Mbogo zainabu
A 42. 120. - 120
B 72. 76. - 270
C 92. - 50. -
Output
A - 6. B-9. C-15
Standard time allowed per unit (minutes)
For the calculation of piecework earnings the company value each minute at a rate of Sh.0.5.
Required:
Calculate the earnings for each employee using:
Basic guaranteed hourly rates.
Piecework rates.
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