From the following particulars, you are required to work out the earnings of a worker for a week under (a) straight piece rate system, (b) differential piece rate system, (c) Halsey’s premium scheme (50% sharing) and (d) Rowan’s premium scheme:
|
Weekly working hours |
40 |
|
Hourly wage rate |
Rs 7.50 |
|
Piece rate per unit |
Rs 3.00 |
|
Normal time taken per piece |
20 minutes |
|
Normal output per week |
120 pieces |
|
Actual output per week |
150 pieces |
|
Differential piece rate |
80% of piece rate when output is below normal and 120% of piece rate when output is above normal |