Question

A worker produces 180 units in a week. The guaranteed weekly wage

payment for 44 hours is ₹ 77. The expected time to produce one unit is

16 minutes which is further raised by 25% under the incentive schem​

Answer 1

Step-by-step explanation:

The difference between the book balance and actual physical stock, may be transferred to

―Inventory Adjustment A/c‖ pending scrutiny to ascertain the reason for the difference.

If the difference is considered as normal, it should be transferred to Overhead Control A/c.

Alternatively, price of the material issued to production may be inflated so as to cover the

Normal Loss.

If the difference is abnormal, it should be debited to Costing P & L Account.

Answer 2

Answer:

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Step-by-step explanation:

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