SECTION 1 4 Piecework pp 99 100 SECTION

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SECTION 1 -4 Piecework pp. 99 -100

SECTION 1 -4 Piecework pp. 99 -100

SECTION 1 -4 Section Objective Compute: • total pay on a piecework basis MBA,

SECTION 1 -4 Section Objective Compute: • total pay on a piecework basis MBA, Section 1 - 4, Slide 2 of 12

SECTION 1 -4 Key Words to Know piecework (p. 99) A specified amount of

SECTION 1 -4 Key Words to Know piecework (p. 99) A specified amount of money paid to an employee for each item of work completed. MBA, Section 1 - 4, Slide 3 of 12

SECTION 1 -4 Formula Total Pay = Rate per Item × Number of Items

SECTION 1 -4 Formula Total Pay = Rate per Item × Number of Items Produced MBA, Section 1 - 4, Slide 4 of 12

SECTION 1 -4 The Road to Building Castles p. 99 Is it better to

SECTION 1 -4 The Road to Building Castles p. 99 Is it better to be paid on an hourly rate or by piecework? MBA, Section 1 - 4, Slide 5 of 12

SECTION 1 -4 Example 1 Ramon Hernandez works for National Cabinet Company. He is

SECTION 1 -4 Example 1 Ramon Hernandez works for National Cabinet Company. He is paid $8. 00 for each cabinet he assembles. Last week he assembled 45 cabinets. This week he assembled 42. What is his pay for each week? MBA, Section 1 - 4, Slide 6 of 12

SECTION 1 -4 Example 1 Answer Step: Find the total pay. Last week: $8.

SECTION 1 -4 Example 1 Answer Step: Find the total pay. Last week: $8. 00 × 45 = $360. 00 This week: $8. 00 × 42 = $336. 00 MBA, Section 1 - 4, Slide 7 of 12

SECTION 1 -4 Practice 1 Gabrielle Santos is a little league umpire. He earns

SECTION 1 -4 Practice 1 Gabrielle Santos is a little league umpire. He earns $20 per game on weekdays and $25 per game weekends. He umpires 14 weekday games and 3 weekend games. What is his total pay? MBA, Section 1 - 4, Slide 8 of 12

SECTION 1 -4 Practice 1 Answer $355. 00 MBA, Section 1 - 4, Slide

SECTION 1 -4 Practice 1 Answer $355. 00 MBA, Section 1 - 4, Slide 9 of 12

SECTION 1 -4 Practice 2 J. Belconis 124 items produced Rate per item $.

SECTION 1 -4 Practice 2 J. Belconis 124 items produced Rate per item $. 89 What is the total pay? MBA, Section 1 - 4, Slide 10 of 12

SECTION 1 -4 Practice 2 Answer $110. 36 MBA, Section 1 - 4, Slide

SECTION 1 -4 Practice 2 Answer $110. 36 MBA, Section 1 - 4, Slide 11 of 12

END OF SECTION 1 -4 Piecework

END OF SECTION 1 -4 Piecework

Piecework Sweatshops PIECEWORK Workers paid a fixed amountPiecework Sweatshops PIECEWORK Workers paid a fixed amount
100 100 100 100 100 100 100 100100 100 100 100 100 100 100 100
100 100 100 95 100 96 96 100100 100 100 95 100 96 96 100
100 100 100 25 5010050 25 100 100100 100 100 25 5010050 25 100 100
Section 5 3 Commissions Royalties and Piecework PaySection 5 3 Commissions Royalties and Piecework Pay
Commissions Royalties Piecework Pay Unit 2 A FinanceCommissions Royalties Piecework Pay Unit 2 A Finance
Do Now Piecework workers pay based on howDo Now Piecework workers pay based on how
RECUERDA 100 100 100 90 90 100 16RECUERDA 100 100 100 90 90 100 16
Basics History Const 100 100 100 200 200Basics History Const 100 100 100 200 200
History People Traditionconstitution Misc 100 100 100 200History People Traditionconstitution Misc 100 100 100 200
People Facts MISC 100 100 100 200 200People Facts MISC 100 100 100 200 200