(a) Indicate whether the following statements are true or false. (i) Piece work system of wage payment...

Question:

(a) Indicate whether the following statements are true or false.

(i) Piece work system of wage payment is good for quality-conscious organizations producing aesthetic products or decorative items.

(ii) Taylor piece rate system has differential piece rates.

(iii) Merrick differential piece rate system has two wage rates: a lower rate for output below standard performance and higher rate for output above standard performance.

(iv) Gantt task and bonus plan is a mixture of guaranteed time rate with bonus and piece rate plan using the differential principle.

(v) Cost of labour turnover includes preventive and replacements costs.

(b) In the following multiple choice questions select the correct answers.
(vi) Which of the following are earnings of workers A and B under Taylor differential piece rate system, given the following data?
— Standard time per piece; 20 minutes — Normal rate per hour, ₹9 — In a 9-hour day, A produces 25 units and B produces 30 units.
— Differential to be applied: 80 per cent of piece rate below standard and 120 per cent above standard.

(a) ₹50, ₹90,

(b) ₹60, ₹108,

(c) ₹75, ₹90,

(d) ₹50, ₹188.
(vii) Which of the following are the earnings of A, B and C under Merrick differential piece rate system, given the following data?
— Normal piece rate (upto 83% of high task output), ₹10 per unit — High task, 40 units per week — Weekly output: A, 32 units; B, 37 units; C, 42 units

(a) ₹320, ₹407, ₹504,

(b) ₹352, ₹407, ₹504,

(c) ₹320, ₹444, ₹504,

(d) ₹300, ₹407, ₹504.
(viii) Which of the following are the earning of A, B and C under Gantt task and bonus plan given the following data?
— Time rate ₹10 per hour for 48 hours week.
— Standard production, 48 units per week.
— Piece rate above standard output, ₹12.
— Weekly output A, 38 units; B, 45 units; C, 50 units.

(a) ₹480, ₹480, ₹600,

(b) ₹480, ₹480, ₹500,

(c) ₹380, ₹450, ₹500,

(d) ₹480, ₹450, ₹600.
(ix) Which is the earning (per hour) payable to A under Halsey premium plan given the following data?
— Time given to complete the work- 8 hours — Wage rate ₹4 per hour — Job completed in 6 hours

(a) ₹4.67 per hour.,

(b) ₹4 per hour,

(c) ₹3.5 per hour,

(d) ₹4.5 per hour.
(x) Which of the following is the earning of A (as per data given in Question No ix), under Halsey-
Weir premium plan?

(a) ₹26.67,

(b) ₹24,

(c) ₹28,

(d) ₹29.33.
(xi) Which of the following is the earning (per hour) of A (as per data given in Question No ix), under Rowan plan?

(a) ₹30 or ₹5/hour,

(b) ₹30 or ₹3.75/hour,

(c) ₹30 or ₹4/hour,

(d) ₹30 or ₹3/hour.
(xii) Under the Bedaux point plan which is the amount of bonus and earnings given the information below?
— Standard production – 8 hours daily = 100 (units).
— Actual production for hours daily = 125 (units).
— Hourly wage rate = ₹3.

(a) ₹4.5 and ₹28.5,

(b) ₹4 and ₹28,

(c) Nil and ₹24,

(d) ₹4.8 and ₹28.8.

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