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Question taken from Acca online test:
24.A differential piecework payment scheme applies to direct workers ina production cost centre , subject to a guaranteed minimum wage of $50 per day.The differential rates for output each day are:up to 100 units $0.50 p.u
Excess above 100 units $0.60 p.uA worker produced the following over three days period:
Day 1 100 units
2 90 units
3 110 units
What is the worker’s total wages for the three days?
A.$161 B.$156 C.$166 D.$151Ans: B (unable to arrive at $156, difference of $5 excess)
Day 1: Piecework 100 x $0.50 = $50
Day 2: Piecework 90 x $0.50 = $45, but guaranteed $50, so paid $50
Day 3: Piecework: (100 x $0.50) + (10 x $0.60) = $56
So total is 50 + 50 + 56 = $156
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