93. In a factory to complete 40 units, 8 hours of standard time is allowed. Guaranteed time wage given in the factory is ₹50 per hour and the high piece rate followed is ₹14 per unit. If a worker in the factory completes

CS Executive · Cost and Management Accounting · PYQS · June 2021
93. In a factory to complete 40 units, 8 hours of standard time is allowed. Guaranteed time wage given in the factory is ₹50 per hour and the high piece rate followed is ₹14 per unit. If a worker in the factory completes the work in six hours, the wages payable to him under Gantt's Task and Bonus System is:
(A) ₹440
(B) ₹360
(C) ₹560
(D) ₹616

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Labour Cost

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