A worker produced 200 units in week time the guaranteed weekly wage payment for 45 hours is rupees 81 the expected time to produced 1 unit is 15 minutes, which is Raised further by 20% under the incentive scheme what will be the earnings per hour of that worker under halsey 50% sharing and Rowan bonus scheme.
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Step-by-step explanation:
Given A worker produced 200 units in week time the guaranteed weekly wage payment for 45 hours is rupees 81 the expected time to produced 1 unit is 15 minutes, which is Raised further by 20% under the incentive scheme what will be the earnings per hour of that worker under halsey 50% sharing and Rowan bonus scheme.
- We need to calculate earning per hour under bonus scheme
- Therefore standard hour for the production will be 200 x 18 / 60
- = 60 hours.
- Now original hour is 45 hours.
- Therefore Earnings will be = hours worked x rate per hour + ½ (standard hour – original hour) x Rate per hour
- = 45 x Rs 1.80 + ½ (60 – 45) x 1.80
- = Rs 81 + Rs 13.50
- = Rs 94.50
- Therefore earnings per hour is Rs 94.50 / 45
- = Rs 2.10 per hour.
- Now under Rowan Bonus Scheme
- Earnings = Original hour x Rate per hour + Original hour / standard hour x (standard hour - Original hour ) x R
- = 45 x Rs 1.80 + 45 / 60 x (60 – 45) x Rs 1.80
- = Rs 81 + Rs 20.25
- = Rs 101.25
- Earnings per hour = Rs 101.25 / 45 hours
- = Rs 2.25 per hour.
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Step-by-step explanation:
Therefore standard hour for the production will be 200 x 18/60
= 60 hours. how does it come
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