A worker takes 13 hours to complete a work on daily wages and 8 hours on a scheme ofþayment by results. The worker's day rate is P90 per hour. The cost of material of the productis P300 and the overheads are recovered at 200% of the total wages. The company has anincentive plan of giving bonus for the time saved in a certain job. Bonus is computed as timesaved over time allowed to complete the job multiplied by the time taken by the workermultiplied by the rate per hour. Mr. X completed the job within 8 hours including a 30-minute idletime. How much is the wage of Mr. X?

Given is: Standard time to complete the job = 13 hours Day rate = P90 per hour

Answered: ne. How much is the wage of Mr. X?

Business

Accounting

ne. How much is the wage of Mr. X?

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter2: Computing Wages And Salaries

Section: Chapter Questions

Problem 12PB

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