Mathematics · Cost & Management Accounting - Labour Costing
An organisation operates a piecework system of remuneration. Five minutes is the standard time allowed per unit of output. Piecework is paid at the rate of $20 per standard hour. If an employee produces 120 units in nine hours on a particular day, what is the employee's pay for that day?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$250
- 2$240
- 3$200✓
- 4$180
Correct answer
$200
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