The following data relate to work at a certain factory. Normal working day 8 hours Basic rate

Question:

The following data relate to work at a certain factory.

Normal working day 8 hours Basic rate of pay per hour $6 Standard time allowed to produce 1 unit 2 minutes Premium bonus 75% of time saved at basic rate What will be the labour cost in a day when 340 units are made?

A $48 B $51 C $63 D $68

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

Step by Step Answer:

Question Posted: