INFORMATION Standard time allowed 10 minutes per unit Standard work day 8 hours Normal wage rate R120 per hour Premium 110% of piecework rate if standard or above standard; 90% of piecework rate if below standard Mary's production for the day 50 units

INFORMATION Standard time allowed 10 minutes per unit Standard work day 8 hours Normal wage rate R120 per hour Premium 110% of piecework rate if standard or above standard; 90% of piecework rate if below standard Mary's production for the day 50 units

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter4: Activity-based Costing

Section: Chapter Questions

Problem 28E: Assume that the inspection activity has an expected cost of 120,000. Expected direct labor hours are...

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Question

Calculate the remuneration of Mary for the day using Taylor's differential piecework system from the following information.

INFORMATION
Standard time allowed
10 minutes per unit
Standard work day
8 hours
Normal wage rate
R120 per hour
Premium
110% of piecework rate if standard or above standard;
90% of piecework rate if below standard
Mary's production for the day
50 units

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