Calculate her gross pay (in $) if she is paid on the following differential piecework schedule.
Calculate her gross pay (in $) if she is paid on the following differential piecework schedule.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Rachael has a job assembling a certain car accessory.
Last month she made a total of 424 items. Calculate her gross pay (in $) if she is paid on the following differential piecework schedule.
| Pay Level | Items produced | Rate per Item |
|---|---|---|
| 1 | 1–160 | $9.78 |
| 2 | Over 160 | $11.61 |
$ _____
Expert Solution
Step 1
Gross pay is an individual's total earnings throughout a given period before any deductions are made.
Differential piecework is a method of wage payment whereby after tests have set a standard time for a task the worker receives a high piece rate for doing the job in task time and a lower piece rate for taking longer than task time.
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