For example, suppose that on average, assemblers can finish 10 components in an
hour. If the organization wants to pay its average assemblers $8 per hour, it can pay
a piecework rate of $8/hour divided by 10 components/hour, or $.80 per component.
An assembler who produces the average of 10 components per hour earns an amount
equal to $8 per hour. An assembler who produces 12 components in an hour would
earn $.80 × 12, or $9.60 each hour