A worker has taken 15 hours to complete a job. It has enabled him to get bönus under both Halsey andRowan Schemes. Since the worker is not much educated, he requested a cost accountant for necessary advice.The advisor informed him that Rowan method is better for him since it will give him extra bonus of 6.25 incomparison with the Halsey method. Hourly wage rate is 5.You are requested to ascertain standard time allowed for the job.

Given: To calculate the time using the ascertain method as,

Answered: that Rowan method is =y method. Hourly…

Business

Accounting

that Rowan method is =y method. Hourly wa

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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Question

A worker has taken 15 hours to complete a job. It has enabled him to get bönus under both Halsey and
Rowan Schemes. Since the worker is not much educated, he requested a cost accountant for necessary advice.
The advisor informed him that Rowan method is better for him since it will give him extra bonus of 6.25 in
comparison with the Halsey method. Hourly wage rate is 5.
You are requested to ascertain standard time allowed for the job.

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