Differential piece wages means ........

Costing - Phase (I & II) Basics of Cost Control and Analysis

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Differential piece wages means _______.

different wages for different level of performance

different wages for different time consumed

different wages for different level of output

different wages for different types of industries

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Explanation:

Differential piece wages means different wages for different level of performance. A differential piece-rate system is a method of wage payment in which after tests have set a standard time for any task assigned the worker gets a high piece rate for completing the job within the allotted time and lower piece rate for completing the job beyond the allotted time.

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