1) A workman's wage for a guaranteed 44 week is Rs. 0.19 per hour. The...
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Accounting
1) A workman's wage for a guaranteed 44 week is Rs. 0.19 per hour. The week time produce of
one article is 30 minutes and under incentive scheme the time allowed is increased by 20%. During one week the workman manufactured 100 articles. Calculate his gross wages under each of the following methods of remuneration: a. Time rate b. Piece work with a guaranteed weekly wage c. Rowan premium bonus d. Halsey premium bonus, 50% to workman
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