If efficiency of a worker is above 100% then as per Merrick's differential piece rate system the worker will get —

CS Executive · Cost and Management Accounting · PYQS · June 2015
If efficiency of a worker is above 100% then as per Merrick's differential piece rate system the worker will get —
(A) Normal piece rate wages
(B) 110% of the normal piece rate wages
(C) 120% of the normal piece rate wages
(D) 150% of the normal piece rate wages.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Labour Costing

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

Related Questions in this Topic