Calculate the earnings of A and B under the straight piece rate basis and Taylors differential piece rate system from the following information Standard production 10 units per hour Factory day 8 hours Normal time rate Rs 5 Differential rates to be applied 80 of piece rate below standard 120 of pie...

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Calculate the earnings of A and B under the straight piece-rate basis and Taylors differential piece-rate system

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Calculate the earnings of A and B under the straight piece-rate basis and Taylor’s differential piece-rate system from the following information: image text in transcribed

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Cost Accounting

ISBN: 9788131759462

1st Edition

Authors: K. Alex

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Question Posted: Sep 19, 2024 07:02 PM

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Calculate the earnings of A and B under the straight piece-rate basis and Taylors differential piece-rate system

Question:

Standard production: 10 units per hour Factory day: 8 hours Normal time rate: Rs 5 Differential rates to be applied: 80% of piece rate below standard 120% of piece rate at or above standard A produced 70 units in a day B produced 85 units in a day

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Cost Accounting

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