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

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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.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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Question Posted: Jun 13, 2024 02:06 AM

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

Question:

Step by Step Answer:

Cost Accounting

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