Bee Ltd. follows Halsey plan for remuneration to workers. A worker Ram, has a rate of wages of ₹3,000 per week for 48 hours, plus a cost of living bonus of ₹25 per hour worked. He is given an 8 hours task to perform, whi

CS Executive · Cost and Management Accounting · PYQS · June 2018
Bee Ltd. follows Halsey plan for remuneration to workers. A worker Ram, has a rate of wages of ₹3,000 per week for 48 hours, plus a cost of living bonus of ₹25 per hour worked. He is given an 8 hours task to perform, which he accomplishes in 6 hours. He is allowed 40% of the time saved as premium bonus. What would be his total earning for that task?
(A) ₹575
(B) ₹525
(C) ₹425
(D) ₹650

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost and Management Accounting

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