Time allowed for a job to Mr. W is 10 hours and time taken by him is 4 hours. Wages rate is ₹75 per hour. If he wants to get higher amount of total wages, then the incentive plan to be opted by him will be:
CS Executive · Cost and Management Accounting · PYQS · December 2018
Time allowed for a job to Mr. W is 10 hours and time taken by him is 4 hours. Wages rate is ₹75 per hour. If he wants to get higher amount of total wages, then the incentive plan to be opted by him will be:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
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 :