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ACCA - Association Of Chartered Certified Accountants

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In addition to offering piecework compensation, the organization assures its workers of receiving 80% of a time-based rate of pay, or $20 per hour for an eight-hour workday. The standard amount of time per output unit is three minutes. The pay rate for piecework is $18 per regular hour. What is the gross compensation of an employee on a given day if they create 200 units in eight hours?
Correct Answer:
$$180

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