In a factory, one work order was completed in 26 hours. The standard time for this work

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In a factory, one work order was completed in 26 hours. The standard time for this work was 40 hours and the worker was paid at Rs. 10 per hour. The factory overhead charges were 80% of the standard time. Find out the worker’s total earnings, employer’s savings and effective earnings rate per hour under

(a) Halsey plan and

(b) Rowan plan.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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