When the time saved by a worker while doing a work is less than 50% of the standard time fixed for the work then from worker's earnings point of view: (A) Rowan Plan is better (B) Halsey Plan is better (C) Both are equal
CS Executive · Cost and Management Accounting · PYQS · December 2017
When the time saved by a worker while doing a work is less than 50% of the standard time fixed for the work then from worker's earnings point of view: (A) Rowan Plan is better (B) Halsey Plan is better (C) Both are equal (D) Both are independent, not have any such relationship
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Labour Costing
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