2. Calculate the earning of workers A, B and C under straight piece rate system from the following particulars: Normal rate per hour is RO.15, Standard time per unit is 1Minue, and Output per day is as follows: Worker A: 314 units, Worker B: 420 units and Worker C: 502 units. Working hours per day are 8.
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Answer:
I DON'T UNDERSTAND YOUR QUESTION
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The answer is stated below:
Explanation:
Given,
Standard output per minute = 1 minute
Standard production per hour = 60 units
Standard production per day for 8 hours = 8 × 60
= 480 units
Normal rate per hour = Rs 0.15
Normal output per hour = 60 units
Normal piece rate = Rs 0.15 / 60
Normal piece rate = 0.25 paise
Now, computing the earnings of Worker using the straight piece rate system as:
Earnings of Worker A
For 314 units at the rate 0.25 paise per unit
= 314 × 0.25
= Rs 78.5
Earnings of Worker B
For 420 units at the rate 0.25 paise per unit
= 420 × 0.25
= Rs 105
Earnings of Worker C
For 502 units at the rate 0.25 paise per unit
= 502 × 0.25
= Rs 125.5
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