A factory has a piece-work scheme for mass production of a certain component for a T.V. manufacturer.

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A factory has a piece-work scheme for mass production of a certain component for a T.V. manufacturer. The standard production fixed for a day of 8 hours is 40 units. The piece work rate is Rs. 4 per piece. The details of remuneration payable to the workers are as follows:

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Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

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