Hias Ria Sdn Bhd is a manufacturer of wooden flooring and walls. The company used high...
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Hias Ria Sdn Bhd is a manufacturer of wooden flooring and walls. The company used high quality of flooring material which comes in many species such as chengal, balau, nyatoh and merbau. The company employs skill and semi-skill workers who skill workers are paid based on hourly basis while semi-skilled workers are paid on differential piecework basis with guaranteed minimum wage of RM1,200 per month. The following data is obtained from the company's record of workers for the month of November 2021. 1. 2. 3. 4. Additional information: 5. Employee Type Skill Fahim Zamri a. Amir Skill Semi- skill Working day Monday to Friday Saturday and Sunday Monday to Friday Saturday and Sunday Monday to Friday Saturday and Sunday Up to 100 units 101-200 units 201-400 units Above 400 units Hours worked Unit Produced 1,000 80 1,092 -nil- 480 15 The normal working hours per month is 160 hours from Monday to Friday. The basic hourly rate is RM15 per hours and the differential piecework rate is as below: Rate per unit RM 2.00 RM 2.50 RM 3.00 RM 3.50 165 10 170 -nil- 160 5 The overtime is paid at premium of 50% of normal basic rate for normal working days and premium of 100% of basic rate for working days on Saturday and Sunday. The standard time for output assembled is 10 minutes for skill workers and 20 minutes for semi-skill workers. Bonus is based on individual performance, and it is paid at 70% of time saved at the basic hourly rate. Required: Compute the gross wages earned for each worker for the month of November 2021. (Show clearly your computation for basic salary, overtime and bonus, if any) (20 marks) Hias Ria Sdn Bhd is a manufacturer of wooden flooring and walls. The company used high quality of flooring material which comes in many species such as chengal, balau, nyatoh and merbau. The company employs skill and semi-skill workers who skill workers are paid based on hourly basis while semi-skilled workers are paid on differential piecework basis with guaranteed minimum wage of RM1,200 per month. The following data is obtained from the company's record of workers for the month of November 2021. 1. 2. 3. 4. Additional information: 5. Employee Type Skill Fahim Zamri a. Amir Skill Semi- skill Working day Monday to Friday Saturday and Sunday Monday to Friday Saturday and Sunday Monday to Friday Saturday and Sunday Up to 100 units 101-200 units 201-400 units Above 400 units Hours worked Unit Produced 1,000 80 1,092 -nil- 480 15 The normal working hours per month is 160 hours from Monday to Friday. The basic hourly rate is RM15 per hours and the differential piecework rate is as below: Rate per unit RM 2.00 RM 2.50 RM 3.00 RM 3.50 165 10 170 -nil- 160 5 The overtime is paid at premium of 50% of normal basic rate for normal working days and premium of 100% of basic rate for working days on Saturday and Sunday. The standard time for output assembled is 10 minutes for skill workers and 20 minutes for semi-skill workers. Bonus is based on individual performance, and it is paid at 70% of time saved at the basic hourly rate. Required: Compute the gross wages earned for each worker for the month of November 2021. (Show clearly your computation for basic salary, overtime and bonus, if any) (20 marks)
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Step 11 Wage rates for skilled worker Basic wage rate mondayfriday ... View the full answer
Related Book For
Accounting Information Systems
ISBN: 9780132871938
11th Edition
Authors: George H. Bodnar, William S. Hopwood
Posted Date:
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