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Given the information in the table below, calculate (A) the hourly wage for both employess and (B) calculate their weekly pay based on 40 hours of work Taylor Differential Piece Rate Plan Production less than 10 units per hour Production 10 units or more per hour $2.00 per unit $3.00 per unit Employee 1 Production rate 9 units per hour Piece rate $. per unit Hourly rate Weekly rate 40 x Employee 2 Production rate 11 units per hour Piece rate $- per unit Hourly rate Weekly rate 40 x

Given the information in the table below, calculate (A) the hourly wage for both employess and (B) calculate their weekly pay based on 40 hours of work Taylor Differential Piece Rate Plan Production less than 10 units per hour Production 10 units or more per hour $2.00 per unit $3.00 per unit Employee 1 Production rate 9 units per hour Piece rate $. per unit Hourly rate Weekly rate 40 x Employee 2 Production rate 11 units per hour Piece rate $- per unit Hourly rate Weekly rate 40 x

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Given the information in the table below, calculate (A) the hourly wage for both employess and (B) calculate their weekly pay based on 40 hours of work Taylor Differential Piece Rate Plan Production less than 10 units per hour Production 10 units or more per hour $2.00 per unit $3.00 per unit Employee 1 Production rate 9 units per hour Piece rate per unit Hourly rate Weekly rate 40 x Employee 2 Production rate 11 units per hour $. Piece rate per unit Hourly rate Weekly rate 40 x
Transcribed Image Text:Given the information in the table below, calculate (A) the hourly wage for both employess and (B) calculate their weekly pay based on 40 hours of work Taylor Differential Piece Rate Plan Production less than 10 units per hour Production 10 units or more per hour $2.00 per unit $3.00 per unit Employee 1 Production rate 9 units per hour Piece rate per unit Hourly rate Weekly rate 40 x Employee 2 Production rate 11 units per hour $. Piece rate per unit Hourly rate Weekly rate 40 x
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