You are required to calculate the earnings of a worker under (a) Halsey plan and (b) Rowan

Question:

You are required to calculate the earnings of a worker under

(a) Halsey plan and

(b) Rowan plan from the following particulars:

Hourly rate of wages guaranteed at Re 1.00 per hour.

Standard time for producing one Gel pen: 4 hours.

Actual time taken to produce 100 Gel pens: 360 hours.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

See More Books

Question Posted: Jun 13, 2024 02:04 AM

See More Questions

Not every part of the form need to be filled out. So please read the direction carefully. thank you. Forms to Complete (2015) Form 1065 (not Schedule B) Schedule Dand Forms 8949 Form 1125-A Schedule...
A startup company Wiivv makes custom, 3D-printed insoles for shoes. Wiivv decided to price its product using the penetration strategy. Instead of charging $175 like other custom insoles, it started...
Calculate the earnings of a worker under the following methods: Time-rate method Piece-rate method Halsey plan Rowan plan Information given: Standard time 30 hours Time taken 20 hours Hourly rate of...
Understanding the history and background of your company gives you valuable insights as to what to do and what not to do going forward. A brief written summary of the background and history of the...
The equilibrium reaction as: CH4 C + 2H2. has ln K = -0.3362 at 800 K and lnK = -4.607 at 600 K. By noting the relation of K to temperature show how you would interpolate ln K in (1/T) to find K at...
Basil's capital in his business is 43 650. The business assets total 188 365. Use the accounting equation to find the total for liabilities.
Explain what would happen to the number of loans made by the bank if the interbank rate (RIB) fell from its current level.
In water-resources engineering, the sizing or reservoirs depends on accurate estimates of water flow in the river that is being impounded. For some rivers, long-term historical records of such flow...
Mutual funds are often subject to lock-up periods, and are allowed to pursue a wide range of investment activities. A True B False
Calculate the earnings of workers X, Y and Z under straight piece-rate system and Merricks multiple piece-rate system from the following particulars: Normal rate per hour Rs. 6. Standard time per...
From the following data, calculate the amount of wages payable to Mr Alex for each of the two days of week under Balance of Debt system. Mr. Alex produces 5 pieces on the fi rst and 6 pieces on the...
What is the difference between permanent and temporary working capital?
5. Consider the classes below and determine what is printed out by the client code. public class V { public void one(){ System.out.print("it"); } public void two(){ System.out.print("go"); } } public...
Consider the following closed economy short-run IS-LM model with income taxation. The economy is described by equations (1) through (6): (1) C = 200 + 0.8(Y -T); (2) T = 800+0.25Y;(3) G = 500; (4) 1...
(30 pts) A binary search tree is given, write a method to delete a node from the tree. Assume the successor and predecessor methods are provided, partial code is provided below. Finish the reset of...
Reminder: Formatting is always important in your code (comments, indentation, variable names, etc.) And please always start your Java code file with a multi-line comment listing the name of the...
An element is the majority of a size-n array A [1...n] if it occurs more than 1 times in the array. Design a O(log n) time algorithm to find the majority of A in the EREW PRAM model using n...
Refer to Exercise 7-4 and for each of the November transactions identify the journal in which it would be recorded. Assume the company uses a sales journal, purchases journal, cash receipts journal,...
The purpose of this case is to come up with a contingency plan[s] in order to sustain the program Move With Me, a program that serves thousands of community members throughout Lower Manhattan. The...
A government bond matures in 30 years, makes semi-annual coupon payments of 6.0% ($120 per year) and offers a yield of 3.7% annually compounded. Assume face value is $1,000. Three years later the...
Your objective is: 1. Carry out a life insurance needs analysis, for each one of them (show your calculations) [30 Marks] 2. Refer to the case and the insurance plan quotes. Would you recommend...
TufStuff, Incorporated, sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of the company s products is a heavy - duty corrosion - resistant...

You are required to calculate the earnings of a worker under (a) Halsey plan and (b) Rowan

Question:

Step by Step Answer:

Cost Accounting

Students also viewed these Business questions