The piecework rate in a factory is GHC2 per unit and the minimum pay is GHC42/day. A bonus of GHC5 is paid in addition to the piecework rate if more than 30 units are made in a day. On Monday, Harry makes 20 units. On Tuesday to Friday he makes 21, 24, 32 and 27 respectively. The Basic amount earned by Harry is OA. GHC210 OB. GHC246 OC. GHC253 D. GHC248

The piecework rate in a factory is GHC2 per unit and the minimum pay is GHC42/day. A bonus of GHC5 is paid in addition to the piecework rate if more than 30 units are made in a day. On Monday, Harry makes 20 units. On Tuesday to Friday he makes 21, 24, 32 and 27 respectively. The Basic amount earned by Harry is OA. GHC210 OB. GHC246 OC. GHC253 D. GHC248

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The piecework rate in a factory is GH¢2 per unit and the minimum pay is GH¢42/day. A bonus of GH¢5 is paid in addition to the piecework rate if more than 30 units are made in a day. On Monday, Harry makes 20 units. On Tuesday to Friday he makes 21, 24, 32 and 27 respectively. The gross amount earned by Harry isA. GH¢210B. GH¢248C. GH¢253D. GH¢255
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