Enter the total piece pay ($) and the total number of hours worked (hrs) into the Piece Rate Calculator. The calculator will evaluate the Piece Rate.
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Piece Rate Formula
The following two example problems outline the steps and information needed to calculate the Piece Rate.
PIR = PP / HW
- Where PIR is the Piece Rate ($/hr)
- PP is the total piece pay ($)
- HW is the total number of hours worked (hrs)
How to Calculate Piece Rate?
The following example problems outline how to calculate Piece Rate.
Example Problem #1:
- First, determine the total piece pay ($).
- The total piece pay ($) is given as: 500.
- Next, determine the total number of hours worked (hrs).
- The total number of hours worked (hrs) is provided as: 10.
- Finally, calculate the Piece Rate using the equation above:
PIR = PP / HW
The values provided above are inserted into the equation below and computed.
PIR = 500 / 10 = 50.00 ($/hr)
Example Problem #2:
For this problem, the variables required are provided below:
total piece pay ($) = 600
total number of hours worked (hrs) = 20
Test your knowledge using the equation and check your answer with the calculator..
PIR = PP / HW = ?
