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Labor

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Labor

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 6, 2021 at 1:52 pm #630592
    Avatarjohnbriane
    Member

    Sir what’s the difference between straight piece rate scheme and differential piece rate scheme

    August 6, 2021 at 3:31 pm #630603
    AvatarJohn Moffat
    Keymaster

    A straight piece rate scheme will be paying the same rate per piece however many are produced.

    A differential scheme is where the rate per piece changes once they have made a certain number.

    Any questions in the exam will give instructions as to how the scheme works for the particular question, and what we call it is not relevant.

    August 8, 2021 at 3:56 pm #630805
    Avatarjohnbriane
    Member

    Thank you my dear sir

    August 8, 2021 at 5:22 pm #630836
    AvatarJohn Moffat
    Keymaster

    You are welcome 🙂

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    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Labor’ is closed to new replies.

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