During the third week of March, Mr. R. produced 420 units. The standard time allowed to produce one unit is 10 minutes. If he received wages for a guaranteed 48 hours per week at the rate of ₹5 per hour and bonus accordi

CS Executive · Cost and Management Accounting · PYQS · December 2017
During the third week of March, Mr. R. produced 420 units. The standard time allowed to produce one unit is 10 minutes. If he received wages for a guaranteed 48 hours per week at the rate of ₹5 per hour and bonus according to Hasley Plan, the total earning was: (A) ₹295 (B) ₹350 (C) ₹240 (D) ₹276.67
(A) ₹295
(B) ₹350
(C) ₹240
(D) ₹276.67

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Labour Costing

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