A company has its factories at two locations. Rowan plan is in use at location A and
Question:
A company has its factories at two locations. Rowan plan is in use at location A and Halsey plan at location B. Standard time and basic rate of wages are same for a job which is similar and is carried out on similar machinery. Time allowed is 60 hours.
Job at location A is completed in 36 hours while at B, it has taken 48 hours. Conversion costs at respective places are Rs. 1,224 and Rs. 1,500. Overheads account for Rs. 20 per hour.
Required:
(a) To find out the normal wage rate and
(b) To compare respective conversion costs.
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Step by Step Answer:
Let Rs x per hour be the normal wage rate Wages at location A will be Rs 36 x and Rs 4...View the full answer
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Sultan Ghulam Dastgir
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