A worker, whose day-work wages is Rs. 2.50 an hour, received production bonus under the...

90.2K

Verified Solution

Question

Accounting

image

A worker, whose day-work wages is Rs. 2.50 an hour, received production bonus under the Rowan Scheme. He carried out the following work in a 48 hour week: Job 1 1,500 items at 4 hours per 1.000 Job 2 1.800 items at 3 hours per 1,000 Job 3 9,000 items at 6 hours per 1,000 Job 4 1,500 items for which no standard time" was fixed and it was arranged that the worker would be paid a bonus of 25 per cent. Actual time on the job was 4 hours. Job 5 2,000 items at 8 hours per 1,000 cach item was estimated to be half-finished. Job 2 was carried out on a machine running at 90 per cent efficiency and an extra allowance of 1/9th of actual time was given to compensate the worker. 4 hours were lost due to power cut. Calculate the carnings of the worker, clearly stating your assumptions for the treatment given by you for the hours lost due to power cut

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students