Standard time fi xed for a job in a manufacturing concern is 40 hours. Time rate is

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Standard time fi xed for a job in a manufacturing concern is 40 hours. Time rate is 60 paise per hour. The actual time taken by workers A, B and C is 20 hours, 15 hours and 30 hours, respectively. Calculate the total remuneration of A, B and C on the basis of

(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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