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QUESTION TWO Calculate the daily remuneration of W. Rooney using Taylors differential piecework system from...

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Accounting

QUESTION TWO Calculate the daily remuneration of W. Rooney using Taylors differential piecework system from the information provided. INFORMATION The following information relates to W. Rooney, an employee of Manchester Enterprises: 1. W. Rooneys standard workday is 9 hours. His standard production time is 55 units per hour. 2. His normal wage rate is R73 per hour. He is remunerated in terms of Taylors differential piecework system whereby the following premium applies: 3. 80% of piecework rate if below standard 4. 120% of piecework rate if standard or above standard 5. W. Rooneys production is 300 units per day.

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