A worker produced 200 units in a week's time. The guaranteed weekly wage payment for 45 hours
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A worker produced 200 units in a week's time. The guaranteed weekly wage payment for 45 hours is Rs. 81. The expected time to produce one unit is 15 minutes which is raised further by 20% under the incentive scheme. What will be the earnings per hour of that worker under Halsey (50% sharing) and Rowan bonus schemes?
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To calculate the earnings per hour of the worker under the Halsey and Rowan bonus schemes we need to consider the guaranteed weekly wage the time taken to produce 200 units the expected time per unit ...View the full answer
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