ABC Ltd is engaged in the manufacture of a particular product. The guaranteed daily wage rate is

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ABC Ltd is engaged in the manufacture of a particular product. The guaranteed daily wage rate is Rs. 12. The standard output fi xed for the month is 600 units which represents 100% effi ciency. Workers whose effi ciency is below 66 2/3% will not be paid any bonus. Bonus is payable in a graded scale after this level of effi ciency as follows:

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There are two workers X and Y who have worked for 25 days in a month, and their output is 360 units and 600 units, respectively. You are required to compute the earnings of workers under Emerson’s plan.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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