For a certain work order, the standard time is 20 hours. The actual time taken is 13

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For a certain work order, the standard time is 20 hours.

The actual time taken is 13 hours. Wages per hour is Rs.

5 and the factory overheads are 80% of standard time.

Set out a comparative statement showing the effect on paying wages under

(a) Halsey system

(b) Rowan incentive bonus system.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

Question Posted: Jun 13, 2024 02:06 AM

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For a certain work order, the standard time is 20 hours. The actual time taken is 13

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Cost Accounting

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