What will be the earnings of a worker at Re. 0.55 per hour when he takes 140

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What will be the earnings of a worker at Re. 0.55 per hour when he takes 140 hours to do a volume of work for which the standard time allowed is 200 hours?

The plan of payment of hours is on a sliding scale as follows:

Within the fi rst 10% saving in the standard time – bonus is 40% of the time saved Within the second10% saving in the standard time – bonus is 50% of the time saved Within the third 10% saving in the standard time – bonus is 60% of the time saved Within the fourth 10% saving in the standard time – bonus is 70% of the time saved

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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