Three workers (Govind, Ram and Shyam), having worked for 8 hours, produced 80, 100 and 120 pieces
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Three workers (Govind, Ram and Shyam), having worked for 8 hours, produced 80, 100 and 120 pieces of a product X, respectively, on a particular day in May in a factory. The time allowed for 10 units of product X is 1 hour and their hourly rate is Rs 4.
Calculate for each of the three workers earnings for the day under
(a) straight piece-rate,
(b) Halsey’s premium bonus (50% sharing) and
(c) Rowan’s premium bonus methods of labour remuneration.
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