From the following information, calculate the incomes of employees X and Y under the straight bit rate system and the Taylor differential piece rate system. Rs. 1.80 per hour normal rate 20 Seconds is the standard time per unit. To be used as a differential: 80% of piece rate is below normal, while 120 percent is at or above standard. Worker X generated 1,300 units in an 8-hour day, whereas worker Y produced

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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From the following information, calculate the incomes of employees X and Y under the straight bit rate system and the Taylor differential piece rate system.

Rs. 1.80 per hour normal rate
20 Seconds is the standard time per unit.
To be used as a differential: 80% of piece rate is below normal, while 120 percent is at or above standard. Worker X generated 1,300 units in an 8-hour day, whereas worker Y produced 1,500 units. 

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