Question 31 (10 points) Listen You are asked to calculate an employee's wages using the Taylor...
Fantastic news! We've Found the answer you've been seeking!
Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/05/66462e4f342f8_40766462e4f045fb.jpg)
Transcribed Image Text:
Question 31 (10 points) Listen You are asked to calculate an employee's wages using the Taylor Plan. Use the information given and remember to show your work. The normal wage for a speaker manufacturer is $30/hour. When this employee works more than the standard output, their wage increases to $40/hour. The standard time to complete one speaker is .04 hours and workers normally work 8 hour days. A. Find Standard Output, Standard Piece Rate & Incentive Piece Rate (Show your work) B. Imagine this employee produced 250 units. How much would they get paid? Find the Standard Pay, Incentive Pay, and Final Pay (Show your work). Question 31 (10 points) Listen You are asked to calculate an employee's wages using the Taylor Plan. Use the information given and remember to show your work. The normal wage for a speaker manufacturer is $30/hour. When this employee works more than the standard output, their wage increases to $40/hour. The standard time to complete one speaker is .04 hours and workers normally work 8 hour days. A. Find Standard Output, Standard Piece Rate & Incentive Piece Rate (Show your work) B. Imagine this employee produced 250 units. How much would they get paid? Find the Standard Pay, Incentive Pay, and Final Pay (Show your work).
Expert Answer:
Posted Date:
Students also viewed these general management questions
-
Z plc offers car insurance to its customers. The car insurance industry is large and made up of hundreds of different rivals, all offering similar insurance products. One of Z's rivals, M, has...
-
can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...
-
I need help on this read from bottom to top. Image transcription text 7"} The second ?nancial statement to prepare is the statement of retained earnings. To determine the ending balance of...
-
what is the formula of market share in cost accounting ? Data Socks Shorts Pants T-shirts Jackets Sales Price 8,794,500 5,558,815 14,711,730 15,394,500 16,792,601 Variable Costs 6,127,000 2,503,910...
-
A ush in the card game of poker occurs if a player gets ve cards that are all the same suit (clubs, diamonds, hearts, or spades). Answer the following questions to obtain the probability of being...
-
In a psychology experiment, laboratory rats are timed through a maze to reach a food reward. The minutes m required to reach the reward have probability density function f (m) = 1.5/m 2 (m > 1.5)....
-
Michigan Machining Company (MMC) produces three productspistons, valves, and camsfor the heavy equipment industry. MMC has a very simple production process and product line and uses a single...
-
Mismatch Manufacturing Company specializes in producing fashion outfits. On July 31, 2010, a tornado touched down at its factory and general office. The inventories in the warehouse and the factory...
-
A fixed interest security pays coupons of 8 % pa half - yearly in arrear and is redeemable at 1 1 0 % . Two months before the next coupon is due, an investor negotiates a forward contract in which he...
-
What do investment firms and money management firms have in common, Explain in details.
-
3) A payment method where the nominated bank will give the beneficiary an irrevocable deferred payment undertaking" to the effect the bank will pay on a certain future date? Who will be the drawee of...
-
How many units of item J are required to make 63 units of item E? E B(2) J(4) F(2) J(3)
-
The standard cost of Product B manufactured by Oriole Company includes 3.8 units of direct materials at $6.30 per unit. During June, 27,000 units of direct materials are purchased at a cost of $6.20...
-
Explain with the help of case study for GOOD SERVICE TAX.
-
Consider the sample regression equation: y=12+3x 1 -5x 2 +7x 3 -2x 4 .When x 1 increases by 1 unit and x 2 increases by 2 units, while x 3 and x 4 remain unchanged, what change would you expect in...
-
Suppose a 10-year project requires the following initial investment costs. Building: -Lasts for 10 years - Initial cost of $60,000 Equipment - Last for 8 years - Initial cost $15,000 Vehicles: - Last...
-
XYZ Inc. a calendar year, accrual basis corporation, had the following items during 2021: Gross revenue from operations Cost of goods sold $420,000 ($180,000) $9,000 LT capital gain .LT capital...
-
What does a rate earned on average stockholders' equity show?
-
What two major guides do businesses use to determine acceptable levels of performance?
-
What does an accounts receivable turnover ratio of 9.1 indicate?
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App