During a week a worker produced 300 units, working for 48 hours. The hourly rate is 40.
Question:
During a week a worker produced 300 units, working for 48 hours. The hourly rate is ₹40. The estimated time to produce a unit is 10 minutes. Under incentive scheme, 20 per cent additional time is allowed. Calculate his gross earnings under Halsey and Rowan Plans.
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Determination of Earnings of a Worker i Halsey Plan Hours worked x Rate per hour 50 Time saved x R...View the full answer
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Related Book For 
Management Accounting Text Problems And Cases
ISBN: 9781259026683
6th Edition
Authors: M Y Khan, P K Jain
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