FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A worker takes 80 hours to do a job for which time allowed is 100 hours. Wage rate is 2.50 per hour. Calculate the works

image text in transcribed

A worker takes 80 hours to do a job for which time allowed is 100 hours. Wage rate is 2.50 per hour. Calculate the works cost of the job under the following methods of payment of wages : (i) Time rate, (ii) Halsey plan, (iii) Rowan pan. Additional information : (a) Material cost is 120, (b) Factory overhead is 125% of wages

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Wall Street Mba

The Wall Street Mba

Authors: Reuben Advani

2nd Edition

007178831X, 9780071788311

More Books

Students also viewed these Accounting questions

Question

★★★★★
LePage Manufacturing Ltd. agrees to lease machinery to Labont Corporation on July 15, 2011. Both LePage and Labont use private enterprise GAAP. The following information relates to the lease...

Answered: 1 week ago

Question

★★★★★
What factors must be considered regarding the valuation of inventories?

Answered: 1 week ago

Question

★★★★★
For the events A and B of a sample space , it is known that P(A) 0 and P(B) 0. If A and B are independent, then they are also disjoint (mutually exclusive).

Answered: 1 week ago

Question

★★★★★
Preparing an Income Statement, Statement of Retained Earnings, and Balance Sheet Assume that you are the president of Gaslight Company. At the end of the first year (December 31, 2011) of operations,...

Answered: 1 week ago

Question

★★★★★
V-3 No 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Using the data below, build the Balance Sheet of enterprise. Accounts Sum, $ Intangible assets 1 500 Accounts receivable 1 000 Inventories 5 200 Taxes payable 6...

Answered: 1 week ago

Question

★★★★★
Si la empresa desea lograr una productividad del capital de trabajo neto operativo del 5%, De cunto debern ser sus ventas, teniendo en cuenta el escenario de incrementar las cuentas por cobrar del...

Answered: 1 week ago

Question

★★★★★
The need for ongoing change within the US healthcare system is warranted. However, before implementing change, advanced notice is given and explicit instructions on how the change will happen should...

Answered: 1 week ago

Question

★★★★★
People who want to raise kids should have to get a parenting license first. Parenting is a lot like piloting an airplane. In both cases, people's lives are in your hands: you could seriously injure...

Answered: 1 week ago

Question

★★★★★
From a collection of 7 different numbers and 8 different letters, 7- place license plates can be designed in such a way that the first 4 places are numbers and the next 3 places are letters....

Answered: 1 week ago

Question

★★★★★
Answer these questions about IP address space: (a) What is the theoretical maximum address space for a 32-bit address, such as that used by IPv4? (Ignore the fact that some addresses aren't usable or...

Answered: 1 week ago

Question

★★★★★
1. Jeff makes a contract with Acme Farms to buy 1000 apples for $200, which is the average price for apples at that time. The contract specifies that Jeff must have the apples by April 2 so that he...

Answered: 1 week ago

Question

★★★★★
1. Analyze what filters were in place to block effective communication between the hospital administrators, medical staff, and affected patients.

Answered: 1 week ago

Question

★★★★★
3. Many times, we take the conversation away from others and make it our own. This practice not only wastes time, but is a major relationship killer. Here is how it works: At the beginning of the...

Answered: 1 week ago

Question

★★★★★
c. Turn up the volume and make another attempt to identify the communication style of the persons portrayed on the screen. This time the identification process should be easier because you will be...

Answered: 1 week ago

Previous Question Next Question