Standard time for a job is 40 hours @ ₹2 per hour. Actual time taken by a worker is 30 hours. His total earnings under Rowan plan and Halsey plan will be —

CS Executive · Cost and Management Accounting · PYQS · June 2016
Standard time for a job is 40 hours @ ₹2 per hour. Actual time taken by a worker is 30 hours. His total earnings under Rowan plan and Halsey plan will be —
(A) ₹75 and ₹70 respectively
(B) ₹70 and ₹75 respectively
(C) ₹60 and ₹70 respectively
(D) ₹75 and ₹60 respectively.

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Labour Costing

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic