Mr. Menon works in a factory where the following particulars apply: Normal rate per hour = Rs.

Question:

Mr. Menon works in a factory where the following particulars apply:

Normal rate per hour = Rs. 7.50 Normal piece rate = 20% more of time rate Expected output = 20 units per hour Mr. Menon produces 157 units in an 8-hour day. Calculate his wages for the day on

(a) time basis and

(b) piece basis.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

Question Posted: