A worker is allowed 18 hours to complete a job, which he accomplishes in 12 hours. His

Question:

A worker is allowed 18 hours to complete a job, which he accomplishes in 12 hours. His hourly rate is Rs. 2.

The material cost of the product is Rs. 20. The overheads are recovered at 75% of the direct wages. Calculate the factory cost of the job under

(a) piece rate,

(b) Halsey plan, and

(c) Rowan plan.

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

See More Books

Question Posted: Jun 13, 2024 02:06 AM

See More Questions

Instructions: Please put your answer in Column C only. Enter upper case letter only; no period or comma after the letter. For example: B Answer below Reference Hints: (Multiple Choice) A $100,000...
3. IBM's bonds have 9 years and 9months remaining to maturity. Interest is paid annually, with the first coupon payment due 9 months from today. The bonds have a $1000 par value, coupon interest rate...
u informacin es necesaria para que un gerente de operaciones haga un uso efectivo de un modelo de demanda de inventario dependiente? Programa maestro de produccin (qu se debe hacer y cundo)...
1. You are the audit partner in charge of five audits which have recently been completed. You are reviewing the files and you now only have to decide which form of audit report you will sign off....
Three steady flows are mixed in an adiabatic chamber at 150 kPa. Flow one is 2 kg/s of O2 at 340 K, flow two is 4 kg/s of N2 at 280 H and flow three is 3 kg/s of CO2 at 310 K. All flows are at 150...
EVA Company was incorporated on January 2, Year 5, and commenced active operations immediately. Ordinary shares were issued on the date of incorporation and no new ordinary shares have been issued...
Xr04-32 Many traffic experts argue that the most important factor in accidents is not the average speed of cars but the amount of variation. Suppose that the speeds of a sample of 200 cars were taken...
Based on the data presented in Exercise 25-15, assume that Sirrus Phone Company uses the product cost concept of applying the cost-plus approach to product pricing. a. Determine the total...
Additional support to organisational teams and individuals might be required to ensure they improve their critical and creative thinking ability. In 6 to 8 sentences, explain what a Training Needs...
The bipolar scales on this instrument can be used to evaluate a groups process in a number of useful ways. Use it to measure where you see the group to be at present. To do this, circle the number...
1. Choose an organization you know quite a bit about. 2. Complete the questionnaire below, indicating your responses using one of the following: If an employee in this organization were to . . . Most...
Cortina Company accumulates the following adjustment data at December 31. Indicate (1) the type of adjustment (prepaid expense, accrued revenue, and so on) and (2) the status of the accounts before...
During a job interview, David, the interviewer, asks Tom if he is able to sit for long periods. While answering the question, Tom states that he has arthritis. After hearing this, David decides to...
I want to ensure that this Backpack campaign does well and it sounds like bids are the ticket to me . I remember a past digital marketer telling me that bids should stay pretty low, but can you...
Question #3 (8 marks) The 90 elbow in a pipe system connects the DN 100 schedule 40 pipe with DN80 schedule 40. Calculate the force that must be exerted on the pipe to hold it in equilibrium. The...
a. Provide a set of 20 data points that has a mean of 20, a median of 25, an IQR of 10, and a sample standard deviation between 9 and 12. All data points must be positive. Explain in detail the plan...
4. Chocolate cake is placed in a small insulated container in an attempt to keep it warm. The cake has a mass of 4 pounds and has a volume of 120 in. The cake is initially at 300F. The container...
Determine the force in each member of the truss and state if the members are in tension or compression. Set P1 = 240 lb, P2 = 100lb. P2 -12 ft
A test car is driven a fixed distance of n miles along a straight highway. (Here n Z+.) The car travels at one mile per hour for the first mile, two miles per hour for the second mile, four miles...
Please answer the following attached questions (Some are multiple choice). 17 questions in all.
Acoffee company has found that the marginal cost, in dollars per pound, of the coffee it roasts is represented by the function below, where x is the number of pounds of coffee roasted. Find the total...
#1: Determine the area of the region enclosed by y : Z and y : 7 3:. Round your limits of integration and answer to 2 decimal places. The area of the encloses a region is I square units. #2:...

A worker is allowed 18 hours to complete a job, which he accomplishes in 12 hours. His

Question:

Step by Step Answer:

Cost Accounting

Students also viewed these Business questions