Examples of Standard wage rate in a sentence
Standard wage rate" means a wage rate assigned to specific home health services.(j) "Health Care Financing Administration home health agency input price index" means the index of that name published quarterly by DRI/McGraw-Hill.
Standard wage rate is the same for skilled and semi-skilled workers.• The monthly fixed overheads are budgeted at ` 76,480.
Standard time p.u.2.5 hours; Actual hours 2,000; Standard wage rate Rs.2p.h. Actual output 1,000 units.
For example :➢ Standard output = 20 units➢ Standard wage rate = ` 50 per unit➢ Wage rate for employees producing below standard = ` 40 per unit➢ Efficient employee producing 25 units will receive `1250 (25 units × ` 50)➢ Inefficient employee producing 15 units will receive ` 600 (15 units × ` 40).
Approximately $951,745 of this total amount is available for spending at the government’s discretion (unassigned fund balance).