Calculate the earnings of a worker under (a) Rowans premium bonus system and (b) HalseyWeir premium bonus system (50 of the time saved) from the following particulars (a) Hourly rates of wages (guaranteed) Rs 5 00 (b) Standard time for producing one dozen articles 3 hours (c) Actual time taken by t...

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Calculate the earnings of a worker under (a) Rowans premium bonus system and (b) HalseyWeir premium bonus

Question:

Calculate the earnings of a worker under

(a) Rowan’s premium bonus system and

(b) Halsey–Weir premium bonus system (50% of the time saved) from the following particulars: 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 worker under (a) Rowans premium bonus system and (b) HalseyWeir premium bonus

Question:

(a) Hourly rates of wages (guaranteed): Rs 5.00 (b) Standard time for producing one dozen articles: 3 hours (c) Actual time taken by the worker to produce 20 dozen articles: 48 hours

Step by Step Answer:

Cost Accounting

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