The following information is available : Wages for January : ₹20,000 Wages for February : ₹22,000 Delay in payment of wages : 1/2 month The amount of wages paid during the month of February is —
CS Executive · Cost and Management Accounting · PYQS · December 2014
The following information is available : Wages for January : ₹20,000 Wages for February : ₹22,000 Delay in payment of wages : 1/2 month The amount of wages paid during the month of February is —
Answer & Explanation:
Correct Answer: Option (D)
Correct answer: (D) ₹21,000.. Wages paid in February = half of January wages plus half of February wages = 10,000+11,000 = 21,000.
Topics: Labour Costing
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