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$(100$ MARKS$)$

QUESTION $1$

$1\mathrm{.}1$

$(20$ Marks$)$

REQUIRED

Calculate the remuneration of Molly for $08$ February $2024$ using Taylor's differential piecework system.

INFORMATION

$(4$ marks$)$

The following information relates to the remuneration of Molly for $08$ February $2024$:

$\begin{array}{cc}Standard\text{t}\text{i}\text{m}\text{e}\text{a}\text{l}\text{l}\text{o}\text{w}\text{e}\text{d}& 20\text{m}\text{i}\text{n}\text{u}\text{t}\text{e}\text{s}\text{p}\text{e}\text{r}\text{u}\text{n}\text{i}\text{t}\\ Standard\text{w}\text{o}\text{r}\text{k}\text{d}\text{a}\text{y}& 8\text{h}\text{o}\text{u}\text{r}\text{s}\\ \text{N}\text{o}\text{r}\text{m}\text{a}\text{l}\text{w}\text{a}\text{g}\text{e}\text{r}\text{a}\text{t}\text{e}& R120\text{p}\text{e}\text{r}\text{h}\text{o}\text{u}\text{r}\\ \text{P}\text{r}\text{e}\text{m}\text{i}\text{u}\text{m}& 90\%of\text{p}\text{i}\text{e}\text{c}\text{e}\text{w}\text{o}\text{r}\text{k}\text{r}\text{a}\text{t}\text{e}if\text{b}\text{e}\text{l}\text{o}\text{w}standard\\ ?& 110\%of\text{p}\text{i}\text{e}\text{c}\text{e}\text{w}\text{o}\text{r}\text{k}\text{r}\text{a}\text{t}\text{e}ifstandardor\text{a}\text{b}\text{o}\text{v}\text{e}standard\\ \text{M}\text{o}\text{l}\text{l}\text{y}\text{'}\text{s}\text{p}\text{r}\text{o}\text{d}\text{u}\text{c}\text{t}\text{i}\text{o}\text{n}\text{f}\text{o}\text{r}\text{t}\text{h}\text{e}\text{d}\text{a}\text{y}& 27\text{u}\text{n}\text{i}\text{t}\text{s}\end{array}$

$1\mathrm{.}2$

REQUIRED

Use the information provided below to calculate the economic order quantity.