Standard time allowed 80 units per hour Normal time rate per hour OMR 175 Differentials to be applied: 80% of Piece rate below standard 120% of Piece rate at or above standard Mr. Amir works for 9 hours in the day and produces 620 units. Calculate the earnings of Mr. Amir under Taylor's Differential Piece Rate System OMR 340.114 OMR 1,627.5 OMR 283.428 OMR 1,085

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Standard time allowed
80 units per
hour
Normal time rate per hour
OMR 175
Differentials to be applied:
80% of Piece rate below standard
120% of Piece rate at or above standard
Mr. Amir works for 9 hours in the day and produces
620 units.
Calculate the earnings of Mr. Amir under Taylor's
Differential Piece Rate System
OMR 340.114
OMR 1,627.5
OMR 283.428
OMR 1,085
Transcribed Image Text:Standard time allowed 80 units per hour Normal time rate per hour OMR 175 Differentials to be applied: 80% of Piece rate below standard 120% of Piece rate at or above standard Mr. Amir works for 9 hours in the day and produces 620 units. Calculate the earnings of Mr. Amir under Taylor's Differential Piece Rate System OMR 340.114 OMR 1,627.5 OMR 283.428 OMR 1,085
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