earnings of G. Henry using the straight piecework incentive scheme vided bolow
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Calculate the earnings of G. Henry using the straight piece incentive scheme from the information provided below.
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- Calculate the earnings of G. Henry using the straight piecework incentive scheme from theinformation provided below.INFORMATIONG. Henry is employed by Royal Manufacturers and is paid R250 per hour. His normal working day is 9 hours. Thestandard time to produce a product is 5 minutes. If G. Henry produces more than his quota, he receives 1½ timesthe hourly rate on the additional output. G. Henry produced 132 units for the day.1.1 Calculate the daily remuneration of W. Rooney using Taylor’s differential piecework system from the information provided.INFORMATIONThe following information relates to W. Rooney, an employee of Manchester Enterprises:1. W. Rooney’s standard workday is 9 hours. His standard production time is 55 units per hour.2. His normal wage rate is R73 per hour. He is remunerated in terms of Taylor’s differential piecework system wherebythe following premium applies:3. 80% of piecework rate if below standard4. 120% of piecework rate if standard or above standard5. W. Rooney’s production is 300 units per day.7. Willis Vogal sells for Harvey's King-Size Clothes. He is guaranteed $3.20 per hour or 2.5% of his total sales, whichever is greater. During a biweekly pay period, he worked 79 hours and had sales totaling $6954. a. Find his total hourly earnings and his commission. b. What was his gross pay?
- 2 Alex and Ben are employees of Zamry Sdn Bhd. The company uses a piece rate system to reward its workers. The straight piece rate is RMO.50 per unit of output. In Week 1, Alex produced 200 units whilst Ben produced 180 units. Required: Calculate the earnings for Alex and Ben.1) Calculate Mary’s earnings for 31 October 2023 using the straight piecework wage incentive scheme. Information Mary is employed by Menton Manufacturers to sew dresses. The standard time to sew one dress is 40 minutes. She is paid R120 per hour and the normal working time is 8 hours per day. If she sews more than her quota, she receives 1.5 times the hourly rate on the additional output. On 31 October 2023 she sewed 18 dresses. _________________________________________________________________________________ 2) Calculate the net salary of H. Gordon for December. H. Gordon’s basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income. _________________________________________________________________________________ 3) Calculate the economic order quantity for the year. Suntan Limited produces a product which has a…3. Joan MacMallin sells shoes at the Foot Factory. She is guaranteed $3.25 an hour or 3.25% of her total sales, whichever is greater. During a week in which she worked 52 hours, she sold $5950 worth of shoes. a. Find her total hourly wages and her çommission for the week. b. What was her gross pay?
- The piecework rate in a factory is GH¢2 per unit and the minimum pay is GHC42/day. A bonus of GHC5 is paid in addition to the piecework rate if more than 30 units are made in a day. On Monday, Harry makes 20 units. On Tuesday to Friday he makes 21, 24, 32 and 27 respectively. The Basic amount earned by Harry is OA. GHC210 O B. GHC246 OC. GHC253 D. GHC248Question-1 1.1 REQUIRED Calculate Mary's earnings for 31 October 2023 using the straight piecework wage incentive scheme. INFORMATION Mary is employed by Menton Manufacturers to sew dresses. The standard time to sew one dress is 40 minutes. She is paid R120 per hour and the normal working time is 8 hours per day. If she sews more than her quota, she receives 1.5 times the hourly rate on the additional output. On 31 October 2023 she sewed 18 dresses. 1.2 REQUIRED Calculate the net salary of H. Gordon for December. INFORMATION H. Gordon's basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income. 1.3 REQUIRED Calculate the economic order quantity for the year. INFORMATION Suntan Limited produces a product which has a steady monthly demand of 4 000 units. The product requires a component that is purchased from a…COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of 2,600 a month and is paid 1 times the regular hourly rate for hours worked in excess of 40 per week. (a) Calculate Huangs overtime rate of pay. (b) Calculate Huangs total gross weekly pay if she works 45 hours during the week.
- 7. Information below relates to Salih and Yaakob for a week. Salih Description Hours worked 30 hours Unit produced (units) 160 Rate/hour Rate/unit Normal working hours 44 hours 52 hours RM4.50 RM1.50 You are required to calculate the gross wage earned by each worker if they were paid using; ii. Yaakob 55 hours 168 RM3.50 RM1.00 i. time rate method with overtime paid at a premium of 20 percent on hourly rate. iii. piecework method. Elaborate on any advantage of piecework remuneration method in comparison to time rate method.1. Alva Nunez is a punch press operator for Drummond Machine Company. She earns $1.10 for every molding she presses. What is her total pay for a week in which she presses 310 moldings? 2. Lei Kurokideliv R e News. vers a week5. Mike Lasueze is a salesperson in the appliance department at Wicklow Appliance Inc. He is guaranteed a minimum salary of $220 per week or 5.5% of his total sales, whichever is greater. What is his gross pay for a week in which his total sales were $8,400?