With the help of the following information, you are required to ascertain the wages paid to workers

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With the help of the following information, you are required to ascertain the wages paid to workers X and Y under Taylor’s differential-piece-rate system:

Standard time allowed = 10 units per hour Normal wage rate = Re 1 per hour.

Differential rates to be applied:

75% of piece rate when below standard 125% of piece rate when at or above standard The workers have produced in a day of 8 hours as follows:

X: 60 units Y = 100 units

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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