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A Worker Was Producing a Product for Which the Standard

question 39

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A worker was producing a product for which the standard time was one minute per unit.During an eight hour workday,the worker produced 520 units.What would be the worker's pay for that day if the basic pay rate was $10.00 per hour and the piece rate bonus was $2.00 per unit above standard?


Definitions:

Insurance Premiums

The amount of money that individuals or businesses pay for an insurance policy to remain active.

Deductible

An amount that must be paid out of pocket by the policyholder before an insurance company will cover a claim.

Medical Bills

The invoices and financial charges generated for services rendered by health care providers, hospitals, and clinics.

Insurance Premiums

The amount paid periodically to an insurance company by the insured for coverage under an insurance policy.

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