- This topic has 1 reply, 2 voices, and was last updated 5 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘Labour Hour’ is closed to new replies.
OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>
Forums › FIA Forums › MA1 Management Information Forums › Labour Hour
An organisation operates a piecework system of remuneration, but also guarantees its employees 80% of a time based rate of pay which is based on $20/hour for an eight hour working day. Three minutes is the standard time allowed per unit of output. Piecework is paid at the rate of $18 per standard hour.
If an employee produces 200 units in eight hours on a particular day, what is the employees gross pay for that day?
a.$128
b.$144
c.$160
d.$180
This question looks like it is asking for OpenTuition to solve a homework assignment.
Read Chapter 8 of our notes and do your best.