Straight Piece Rates


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Straight Piece Rates

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It is a simple method of making payment at a fixed rate per unit for the units manufactured.

Earnings = Number of units X Rate per unit

 

The rate is fixed taking into consideration

    1. Time rate for the same class of workers, and
    2. Standard output during a given time.

 

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We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

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