2022 NOV.[8] Two workers A and B produce the same product using the same material. Their normal wage rate is also the same. A is paid bonus according to Rowan Scheme while B is paid bonus according to Halsey Scheme. The time allowed to make the prod- uct is 50 Hours. A takes 30 hours while B takes 40 hours to com- plete the product. The factory overhead rate is Rs. 5 per person- hour actually worked. The factory cost of product manufactured by A is Rs. 3,490 and for product manufactured by B is Rs. 3,600. Required: (a) To find out the normal wage rate. (b) Compute the material cost. (c) Prepare a statement showing the factory cost of the product as made by two workers. (Marks 15 Ans. [(a) Rs. 20 per hour (b) Rs. 2,500 each ] Hint. [A- Wages Rs. 600; Bonus Rs. 240; B- Wages Rs. 800 Bonus Rs. 100]