Calculate the wages of a worker under halsey-weir system
Question:
Calculate the wages of a worker under Halsey-Weir system from the following information:
Time allowed:
48 hours
Time taken:
40 hours
Rate per hour:
Rs. 3
Expected delivery within 24 Hours
Marmot Corporation pays a dividend of $100,000 in the current year. Otter Corporation, which is in the 25% marginal bracket, owns 15% of Marmot's stock.
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Mason textile company manufactures high quality bed sheets and sells them in sets to a well known retail company for 64$ a set.
Calculate the earnings of three workers A, B and C under Merrick's differential piece-rate system:
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