Actual production during a month by worker-'X' is 1,000 units. If standard production per month per worker is 1,000 units and piece work rate is ₹5 per unit, the total monthly remuneration of worker 'X' under the Gantt's

CS Executive · Cost and Management Accounting · PYQS · June 2015
Actual production during a month by worker-'X' is 1,000 units. If standard production per month per worker is 1,000 units and piece work rate is ₹5 per unit, the total monthly remuneration of worker 'X' under the Gantt's Task and Bonus Scheme will be —
(A) ₹5,000
(B) ₹5,500
(C) ₹6,000
(D) ₹6,600.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Labour Costing

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