A worker takes 9 hours to complete a product on daily wages and 6 hours on a
Question:
A worker takes 9 hours to complete a product on daily wages and 6 hours on a scheme of payment by results.
His day rate is 75 paise an hour, the material cost of the product is Rs. 4 and the overheads are recovered at 150% of the total direct wages. Calculate the factory cost of the product under:
(a) Piece-work plan
(b) Rowan plan
(c) Halsey plan
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