During the 48 hour week, Shri Sonu produced 2,100 units. The standard time allowed to produce one unit is 2 minutes. If he received wages for a guaranteed 48 hours per week at the rate of ₹50 per hour and bonus according
CS Executive · Cost and Management Accounting · PYQS · December 2018
During the 48 hour week, Shri Sonu produced 2,100 units. The standard time allowed to produce one unit is 2 minutes. If he received wages for a guaranteed 48 hours per week at the rate of ₹50 per hour and bonus according to Rowan Plan, the total earnings will be :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Labour Costing
Related Questions in this Topic
- Which of the following is not an avoidable cause of labour turnover ?
- If standard time is 72 hours, then what would be time saved to getting same bonus under Halsey Plan and Rowan Plan ?
- Most of the firms prefer to treat the learners' wages as............as learners take more time than a trained worker.
- The following information is given to you: Standard output in 12 hours is 144 units. Actual output of a worker in 10 ...
- Priestman Production Bonus Plan is a :