Two workmen 'X' and 'Y' produce the same product using the same material. 'X' is paid bonus according to Halsey plan, while 'Y' is paid bonus according to Rowan plan. The time allowed to manufacture the product is 100 ho
CS Executive · Cost and Management Accounting · PYQS · June 2015
Two workmen 'X' and 'Y' produce the same product using the same material. 'X' is paid bonus according to Halsey plan, while 'Y' is paid bonus according to Rowan plan. The time allowed to manufacture the product is 100 hours. 'X' takes 60 hours and 'Y' takes 80 hours to complete the product. The normal hourly rate of wages of workman 'X' is ₹24 per hour. The total earnings of both the workmen are same. The normal hourly rate of wages of workman 'Y' will be —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Labour Costing
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