Janna's Jewelry Shop Payment System

Janna's Jewelry Shop Payment System

Janna owns a jewelry shop that sells handmade jewelry. Her employees are paid a certain amount for each bracelet and necklace they produce, regardless of the amount of time it takes.

This is a payment system known as the Piece rate system.

Explanation

The piece rate system is the system in which the price is paid according to the units made or produced.

Since in the question it is mentioned that Janna sells handmade jewelry and her employees are paid a specific amount for each bracelet and necklace they produce irrespective of the time it takes, this represents the piece rate system.

So, the same is to be considered for Janna's jewelry shop payment system.

What is the payment system used by Janna's jewelry shop for her employees? The payment system used by Janna's jewelry shop for her employees is the Piece rate system.
← Discount and tax calculation on stereo system purchase Top sales person recognition →