2 Alex and Ben are employees of Zamry Sdn Bhd. The company uses a piece rate system to reward its workers. The straight piece rate is RMO.50 per unit of output. In Week 1, Alex produced 200 units whilst Ben produced 180 units. Required: Calculate the earnings for Alex and Ben.

2 Alex and Ben are employees of Zamry Sdn Bhd. The company uses a piece rate system to reward its workers. The straight piece rate is RMO.50 per unit of output. In Week 1, Alex produced 200 units whilst Ben produced 180 units. Required: Calculate the earnings for Alex and Ben.

College Accounting (Book Only): A Career Approach

12th Edition

ISBN:9781305084087

Author:Cathy J. Scott

Publisher:Cathy J. Scott

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 1E

See similar textbooks

Related questions

Q: E3-3 Modified wage plan. Randy Wetzel earns $30 per hour for up to 500 units of production per…

A: Hi student Since there are multiple questions, we will answer only first question.

Q: Barcoo Pty Ltd employs five (5) employees in its factory. GALLAGHER spends half his time delivering…

A: Normal working hours: 40 hours in a week Normal supervisor Pay= $20 per hour Other than supervisor…

Q: Each of the five (5) workers in a factory is being paid $250 per day. For every unit produced in…

A: The direct labor cost is the labor cost which is related to the production. The direct labor cost is…

Q: In Permai Desa Sdn. Bhd., direct workers are paid RM10 per hour. In week 14, the direct workers…

A: SOLUTION- CALCULATION OF TOTAL LABOUR COST- =12 HOUR * $10 * 1.25 + 8 HOUR *$10 = $150 + $80 =$230…

Q: 4. Alan Tolford is a salesclerk in the shoe department at Goldsmith's. He is guaran- teed a minimum…

A: For finding Alan Tolford's gross pay we need to calculate his salary on the basis of sales.

Q: A sales supervisor whose monthly salary is ₱38,500.00 is paid 7% of his total sales and 3% of the…

A: Commission:- It is an amount which one gets an extra amount on the total amount of sales. It is a…

Q: eri Weinberg earns both $10/hour, $10 for every sale of Product A, and $14 for every sale of Product…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A company makes a single product. The direct labour operation involves three skilled machine…

A: Gross Wages Payables: It is an amount that a worker received on the basis of the total worked hours…

Q: G. Henry is employed by Royal Manufacturers and is paid R250 per hour. His normal working day is 9…

A: Straight piece rate is the plan in which the earnings of the persons employed is computed using the…

Q: A sales supervisor whose monthly salary is ₱38,500.00 is paid 7% of his total sales and 3% of the…

A: Monthly salary =38500 Commission: From his sales(250000 * .07)…

Q: A workman takes 50 hours to complete a job on daily wages and 40 hou cheme of payment by results.…

Q: Example 2-24 Paul Fritz produced 3,073 pieces in a 44-hour workweek and is paid 18¾ cents for every…

A: Wages are paid to workers on various bases like piece rates and hourly basis. Piece rate earning…

Q: pay and circle who has the greatest gross pay? Bart's gross pay =, Nicole's gross pay = Orin Leary…

A: 1. Bart earns $2150 a month Bart's Annual gross pay = $2150×12=$25,800 Nicole earns $500 a week…

Q: A worker takes 13 hours to complete a work on daily wages and 8 hours on a scheme of þayment by…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A) Write short note with one word or one sentence for the following – Straight piece rate pay,…

A: Since we answer only three sub-parts, we shall answer first three. Please resubmit a new question…

Q: Each of the five (5) workers in a factory is being paid $250 per day. For every unit produced in…

A: Incentive: When the worker is earned the more for regular wages is called that the incentive. In…

Q: total monthly cost of the sales representative’s salary

A: Fixed cost = Base salary = $4000 Variable cost = Number of units sold * $10 per unit

Q: Adams Company is a manufacturing company that has worked on several production jobs during the first…

A: Gross profit: Gross profit is a profit for a company arrived after deducting cost associated with…

Q: Chec Telemarketers receive $10 commission on all new customers that sign up for cell phone service…

A: A commission seems to be compensation paid to salespeople by a company in consideration because of…

Q: 2. Find a worker's gross pay if the worker is paid a straight piecework rate of P25 for each…

A: The question is related Gross pay based on piece rate. Gross pay = Rate per piece × Total peice

Q: Telemarketers receive $10 commission on all new customers they sign up for cell nhone service…

A: Federal minimum wage rate is $7.25 per hour . Minimum wages for each week = 40 hours x $7.25 per…

Q: Alan’s Affordable Running Products aka AARP has three employees: Brandon, the Manager, who earns a…

A: Salary expenses are as follows Brandon as a manager get the salary from the company $1000 per week.…

Q: Villanueva Company is headed by Ms. Marielle May Villanueva, President, and she is receiving…

A: Answer: The take home pay every end of the month is the salary that is received for the salary of…

Q: A Ltd makes engineering components. The company has been manufacturing 6 000 components per week,…

A: Total weekly wages will be calculated using the No. of employees worked during the week and No. of…

Q: Nathaniel installs mufflers at NUBD Company. He is paid 500 per hour and an extra 100 per hour for…

A: Wages paid for normal idle time is included in the cost of production . Wage rate ( over 40 hours )…

Q: Major Ltd is a company that produces household goods in various departments. It needs to assess…

A: The total cost of labour includes all wages paid to employees, along with employee compensation and…

Q: vage and a piece rate. ach worker is paid P200 per piece with a minimum guaranteed wage of P15,000…

A: Payroll is the term which is defined as the amount which the employees get from the employer during…

Q: The gross amount earned by Harry is

A: Gross Amount - This is the Amount earned by Hary before deducting any taxes but it includes the…

Q: Rosy Williams Company Ltd deals in the manufacture of leather bags for children. The firm pays its…

A: Wages are paid for the services received according to the contract rate generally on hourly basis,…

Q: I. At Jalisco Electronics, assemblers are paid according to the following differential piece rate…

A: Introduction;- Piece rate refers to a wage are paid to workers for each unit of production at a…

Q: A Company pays time and a half for hours in excess of 40 hours per week. An individual is paid…

A: Solution: Normal rate per hour = P24 per hour Overtime rate = 24*1.50 = P36 per hour

Q: A company is operating 50-50 Halsay premium plan. Compute the total wages of the worker per hour…

A: Halsey Premium Plan : In this method, Standard time for doing each job is fixed. Workers will be…

Q: XYZ Company employs 30 individuals. Eighteen employees

A: Mixed cost : In simple words, The word "mixed costs" in finance relates to costs and expenditures…

Q: The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,400.00 plus an…

A: The gross pay includes the total salary paid to employees.

Q: Walter Pinkman assembles merchandise and is paid $0.11 for each unit assembled. During the most…

A: Payroll accounting is one of accounting process which are specially records the transactions and…

Q: 2. Matt is a Product Manager earning a semi-monthly salary of P5 500. He is given commission of 2.5%…

A: The gross earnings of the employees represent the total income before accounting for any deductions…

Q: Calculate the earnings of G. Henry using the straight piecework incentive scheme from the…

A: Straight Piece Rate = No. of units produced x Wage rate per unit straight piecework incentive scheme…

Q: 3. Gloria Windsor is a salesperson in the toy department at Morris. She is guaranteed a minimum…

A: For finding gross pay of the Gloria Windsor we need to compare her minimum salary and salary on the…

Q: should be produced by an employee if his gross pay is OMR 1,200.6 and the piece rate basis in his…

A: No. of units produced = Gross pay / piece rate

Q: F & B Company pays time and a half for hours in excess of 40 hours per week. An individual is paid…

A: Gross earnings = (40 hours x $24 per hour) + (Hours in excess of 40 hours x $24 per hour x 1.5)

Q: A customer ordered a window frame. In doing the job, it requires iron bars with a total worth of…

A: Job costing is a type of costing in which all costs are assigned and allocated on the basis of…

Q: The Monty Corporation has a staff of sales people who are paid a monthly salary of $1,800.00 plus an…

A: Gross pay refers to the payment without the consideration of tax. The gross pay of an individual…

Q: Len-Len is a saleslady who has a monthly salary of ₱22,500. Her total sales for the month amount to…

A: Solution Gross income means The total amount of money you get before taxes and other deductions are…

Q: Fanning Corporation paid one of its sales representatives $4,000 during the month of March. The rep…

A: Formula: Total variable cost = Number of units sold x commission on per unit sales.

Q: A worker is paid the day-work rate if she earns less than 100% incentive premium. The standard is 75…

A: Piece rate system of wage determination into which number of units are used as a base to make the…

Q: Calculate earnings of worker Mehmood and Saeed under straight piece rate system and Taylor's…

A: Differential piece rate system a method of wage payment whereby after tests have set a standard time…

Q: Gina earns an hourly wage of $18.25 and worked 48 hours last week Gina also earns a 3% commission on…

A: Since before last week's details are not given. It is assumed that Gina had worked for only 28 hours…

Question

2 Alex and Ben are employees of Zamry Sdn Bhd. The company uses a piece rate system to reward
its workers. The straight piece rate is RMO.50 per unit of output. In Week 1, Alex produced 200
units whilst Ben produced 180 units.
Required:
Calculate the earnings for Alex and Ben.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Calculate the earnings of G. Henry using the straight piecework incentive scheme from theinformation provided below.INFORMATIONG. Henry is employed by Royal Manufacturers and is paid R250 per hour. His normal working day is 9 hours. Thestandard time to produce a product is 5 minutes. If G. Henry produces more than his quota, he receives 1½ timesthe hourly rate on the additional output. G. Henry produced 132 units for the day.
1.4 Calculate the earnings of G. Henry using the straight piecework incentive scheme from the information provided below. INFORMATION G. Henry is employed by Royal Manufacturers and is paid R250 per hour. His normal working day is 9 hours. The standard time to produce a product is 5 minutes. If G. Henry produces more than his quota, he receives 1½ times the hourly rate on the additional output. G. Henry produced 132 units for the day.
Bruce Eaton is paid 10 cents per unit under the piece-rate system. During one week, Eaton worked 46 hours and produced 5,520 units. Compute the following: 1. The piecework earnings ________ 2. The regular hourly rate ________ 3. The overtime hourly rate ________ 4. The overtime earnings ________ 5. The total earnings ________
1. Alva Nunez is a punch press operator for Drummond Machine Company. She earns $1.10 for every molding she presses. What is her total pay for a week in which she presses 310 moldings? 2. Lei Kurokideliv R e News. vers a week
3. Amin works as a production worker in the Cutting Department of a manufacturing organization. He works on a 40-hour work a week. He is paid RM10.00 per hour, but overtime is paid at one and one third. On a particular week, he works for 48 hours. You are required to calculate: a) Basic pay b) Overtime pay
1 HTB Sdn Bhd is a manufacturing company that uses a time rate method to pay its workers. The basic hourly rate is RM5.50 per hour. Overtime rate is paid time and a half. Basic wages are based on a 40-hour working week. Required: a. Calculate the total weekly labour cost if 50 workers are employed by the company. b. Sam, an employee, worked 48 hours in the fourth week of March. Calculate his weekly earnings for that period.
Rosy Williams Company Ltd deals in the manufacture of leather bags for children. The firm pays its workers using the piece work with guaranteed system. The outputs of the employees; Nadine and Erica, in a day of 10 hours were 150 bags and 181 bags respectively. The guaranteed time rate is C45 per hour whilst the piece rate is C2.5 per bag (unit). As an accountant, what would be the daily wages of these employees?
The piecework rate in a factory is GH¢2 per unit and the minimum pay is GH¢42/day. A bonus of GH¢5 is paid in addition to the piecework rate if more than 30 units are made in a day. On Monday, Harry makes 20 units. On Tuesday to Friday he makes 21, 24, 32 and 27 respectively. The gross amount earned by Harry isA. GH¢210B. GH¢248C. GH¢253D. GH¢255
A worker in a certain company has a daily rate of Php 547, he needs to finish the tasks for 18 days, what would be the total direct labor cost that the company would pay him? Assuming that the overhead charge would be 1.76.
The piecework rate in a factory is GH¢2 per unit and the minimum pay is GHC42/day. A bonus of GHC5 is paid in addition to the piecework rate if more than 30 units are made in a day. On Monday, Harry makes 20 units. On Tuesday to Friday he makes 21, 24, 32 and 27 respectively. The Basic amount earned by Harry is OA. GHC210 O B. GHC246 OC. GHC253 D. GHC248
Directions: Answer the following problems. Use appropriate formula to arrive at the right answer. 1. Algem earns the regular daily rate of P340.00 giving her an hourly rate of P42.50. she was requested by her boss to work on May 1, Labor Day. She worked for 8 hours. Her total pay for the day would be: a.
Kyle Forman worked 47 hours during the week for Erickson Company at two different jobs. His pay rate was $14.00for the first 40 hours, and his pay rate was $11.80 for the other 7 hours. Determine his gross pay for that week if thecompany uses the one-half average rate method.a. Gross pay ........................................................................................................................ $b. If prior agreement existed that overtime would be paid at the rate for the jobperformed after the 40th hour, the gross pay would be ................................................... $