ASD EMPIRE BHD manufactures and supplies anti-bacterial shampoo for women known BEAUTEX. The company has two...

 

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ASD EMPIRE BHD manufactures and supplies anti-bacterial shampoo for women known BEAUTEX. The company has two skilled workers and two semi-skilled workers. Currently the company remunerates its skilled workers on time-based scheme. Whereas the semi-skilled workers are paid based on differential piecework rate with a guaranteed minimum wage of RM5,000 per week. Standard working hours per week is 44 hours each. The information below relates to the four its worker for the first week of January 2023. Skilled Workers Semi-skilled workers b) Syamil Syakir Shila Syahid Required: Output produced 380 404 360 320 Hours Worked 50 47 45 43 0-30 units = RM10.00 per unit 31-100 units = RM15.00 per unit 101-200 units = RM16.00 per unit 201 units and above = RM18.00 per unit Piece Rate . - Under the time-based scheme, overtime is allowed, and overtime rate is paid at a premium of 100% the normal rates. All workers are also entitled for individual bonuses at a rate of RM8 per time saved and the time allowed is determined based on 10 minutes per unit. The differential piecework rate is given below: Hourly Rate RM100 RM120 a) Calculate the Total Gross wages, including overtime and bonuses for each worker for the first week of Jan 2023. (18 marks) Labour turnover is the rate at which employees leave a company during a period and are being replaced. State four (4) actions that may reduce the labour turnover rate. (2 mark) ASD EMPIRE BHD manufactures and supplies anti-bacterial shampoo for women known BEAUTEX. The company has two skilled workers and two semi-skilled workers. Currently the company remunerates its skilled workers on time-based scheme. Whereas the semi-skilled workers are paid based on differential piecework rate with a guaranteed minimum wage of RM5,000 per week. Standard working hours per week is 44 hours each. The information below relates to the four its worker for the first week of January 2023. Skilled Workers Semi-skilled workers b) Syamil Syakir Shila Syahid Required: Output produced 380 404 360 320 Hours Worked 50 47 45 43 0-30 units = RM10.00 per unit 31-100 units = RM15.00 per unit 101-200 units = RM16.00 per unit 201 units and above = RM18.00 per unit Piece Rate . - Under the time-based scheme, overtime is allowed, and overtime rate is paid at a premium of 100% the normal rates. All workers are also entitled for individual bonuses at a rate of RM8 per time saved and the time allowed is determined based on 10 minutes per unit. The differential piecework rate is given below: Hourly Rate RM100 RM120 a) Calculate the Total Gross wages, including overtime and bonuses for each worker for the first week of Jan 2023. (18 marks) Labour turnover is the rate at which employees leave a company during a period and are being replaced. State four (4) actions that may reduce the labour turnover rate. (2 mark)

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a To calculate the total gross wages including overtime and bonuses for each worker for the first week of January 2023 we need to consider the output ... View the full answer