Answer to Question #70860 in Accounting for lilly

Question #70860
average wage rate per worker is $15 per day of 8 hours. suggestions were asked from employees and award equivalent to three months savings in labor cost is passed on to the worker whose suggestion is accepted. what is he amount of award payable to the employee
1
Expert's answer
2017-11-01T14:24:06-0400
If average wage rate per worker is $15 per day of 8 hours and award equivalent to three months savings in labor cost is passed on to the worker whose suggestion is accepted, then the amount of award payable to the employee is $15*8*20*3 = $7,200.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal