Business, 05.07.2020 01:01 dayanaraa61

Question 2 (10 Marks) In Andalusia Ltd, wages are paid on a weekly basis (40 hours per week) at a guaranteed hourly rate

of RM2.80. It is estimated that the time required to manufacture a particular product was 12 minutes.

However, the time allowed of 25% is to be added (for normal idle time, setting up time, etc.). During

the first week of June 2020, Roslan produced 250 units of the product.

Required:

Compute Roslan's wages for the particular week using the following methods of wage payment:

a. time rate.

[2 marks]

b. piece rate with a guaranteed weekly wage.

[3 marks]

c. Halsey's premium bonus scheme.

[5 marks]

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 21:30

The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)

Answers: 2

Answer

Business, 22.06.2019 10:20

The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.

Answers: 3

Answer

Business, 22.06.2019 11:00

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Answers: 1

Answer

Business, 22.06.2019 19:10

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?

Answers: 3

Answer

You know the right answer?

Question 2 (10 Marks) In Andalusia Ltd, wages are paid on a weekly basis (40 hours per week) at a g...

Questions