8:41 PMⒸ ✓LTE 88676374.pdfAssignment -1Start Date: 3.6.22End date: 6.6.221. What will be the earnings of a worker at 60 paise per hour when he takes 100 hours to do avolume of work for which the standard time is 160 hours the plan of payment for bonus is on asliding scale as under: Within the first 10% saving in the Standard time, the Bonus is: 40% of theTime Saved. Within the second 10% saving in the Standard Time, the bonus is: 50% of the TimeSaved. Within the third 10% saving in the Standard Time, the bonus is: 60% of the Time Saved.Within the Fourth 10% saving in the Standard Time, the Bonus is: 70% of the Time Saved. For therest of the time saved: 75% of the Time Saved. [Ans: Total earnings '79.44]2. Using Taylor's differential piece rate system find out the earnings of X and Y from the followingparticulars: Standard time per piece 20 minutes Normal rate per hour 90 paise In a 9hour day: X produced - 25 units Y produced 30 units [Ans: X: 6.23; Y: '15.75]3. In a factory bonus to workman is paid according to using the Rowan plan. Time allotted for a jobis 40 hours and the normal rate of wages is 1.25 per hour. The factory overhead charges are 50paise per hour for the hours taken. The factory cost of a work order executed by a worker is155.468. The cost of material is '100. Calculate the hours of time taken by the workman tocomplete the work order. [Ans: actual Hr 25]St.BotanicaRETINOLFace SerumAd SAVE 655! Flat 35% Off!FOR A YOUNGER LOOKING SKONSt.Botanica35% OFFUPTOeals Skin! ✔ Smoothens Wrinkles & lines!Shop nowR

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1. What will be the earnings of a worker at 60 paise per hour when he takes 100 hours to do a volume of work for which the standard time is 160 hours the plan of payment for bonus is on a sliding scale as under: Within the first 10% saving in the Standard time, the Bonus is: 40% of the Time Saved. Within the second 10% saving in the Standard Time, the bonus is: 50% of the Time Saved. Within the third 10% saving in the Standard Time, the bonus is: 60% of the Time Saved. Within the Fourth 10% saving in the Standard Time, the Bonus is: 70% of the Time Saved. For the rest of the time saved: 75% of the Time Saved. [Ans: Total earnings '79.44]

1. What will be the earnings of a worker at 60 paise per hour when he takes 100 hours to do a volume of work for which the standard time is 160 hours the plan of payment for bonus is on a sliding scale as under: Within the first 10% saving in the Standard time, the Bonus is: 40% of the Time Saved. Within the second 10% saving in the Standard Time, the bonus is: 50% of the Time Saved. Within the third 10% saving in the Standard Time, the bonus is: 60% of the Time Saved. Within the Fourth 10% saving in the Standard Time, the Bonus is: 70% of the Time Saved. For the rest of the time saved: 75% of the Time Saved. [Ans: Total earnings '79.44]

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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