Question: A worker takes 80 hours to do a job for which time allowed is 100 hours. Wage rate is 2.50 per hour. Calculate the works

A worker takes 80 hours to do a job for which

A worker takes 80 hours to do a job for which time allowed is 100 hours. Wage rate is 2.50 per hour. Calculate the works cost of the job under the following methods of payment of wages : (i) Time rate, (ii) Halsey plan, (iii) Rowan pan. Additional information : (a) Material cost is 120, (b) Factory overhead is 125% of wages

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