Normal rate per hour = ₹5.40; Standard time per unit = 1 Minute; Output per day = 450 units; Working hours per day are 8; Calculate the earning as per Merrick's Multiple Piece Rate System.
CS Executive · Cost and Management Accounting · PYQS · December 2019
Normal rate per hour = ₹5.40; Standard time per unit = 1 Minute; Output per day = 450 units; Working hours per day are 8; Calculate the earning as per Merrick's Multiple Piece Rate System.
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Labour Costing
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