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17.Mr. Hamed work 7 hours in a day and he produces 10 units in one hour. The piece rate guaranteed by the company is OMR
17.Mr. Hamed work 7 hours in a day and he produces 10 units in one hour. The piece rate guaranteed by the company is OMR 3 for one unit manufactured. The hourly rate paid by the company is OMR 2 Calculate earning of Mr. Hamed under time wage system.
OMR 21
OMR 30
OMR 20
OMR 14
18.A business incurred OMR 100,000 manufacturing cost. It produced 1,000 units and sold 800 units during the period. The production cost per unit was:
None of these
OMR 55
OMR 125
OMR 100
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