O-LevelAccountingAccounting procedures7707/12 · Oct/Nov 2014 · Q271 Mark

During a week Ali works 40 hours and produces 240 items. He can choose to be paid $6 per hour, or $1.25 for each item he produces with a guaranteed minimum weekly gross pay of $275. What is Ali's gross pay if he chooses to be paid on a piecework basis?

A$240

B$275

C$300

D$540

✓ Correct answer

C: $300

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2014 Paper 1 Variant 2, question 27.

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