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3 years ago

What is the difference between time work and piece work rates

Business

2 answers:

bearhunter [10]3 years ago

8 0

Answer:

the process by which green plants turn carbon dioxide and water into food using energy from sunlight

Alina [70]3 years ago

7 0

Answer: Time rate system is a method of wage payment to workers based on time spent by them for the production of output. Piece rate system is a method of wage payment to workers based on the quantity of output they have produced.

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TB MC Qu. 3-209 Chavez Corporation reported the ... Chavez Corporation reported the following data for the month of July: Invent

ss7ja [257]

Answer:

The cost of goods manufactured for July is $ 232,000

Explanation:

Raw Materials Inventories Utilized In Production

Beginning Raw materials $ 41,000

Add Purchases $ 73,000

Less Ending Raw materials ($ 37,000)

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Direct labor cost $ 98,000

Manufacturing overhead $ 65,000

Total Cost of Manufacturing $ 240,000

Add Opening Work in process $ 23,000

Less Ending Work in process ($ 31,000)

Cost of goods manufactured $ 232,000

Not that Manufacturing overhead are included to the amount Applied in the Manufacturing Cost

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Answer:

Answer for the question:

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is given in the attachment.

Explanation:

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3 years ago

What is the difference between time work and piece work rates​

What is the difference between time work and piece work rates