if the standard output is 60 units per day the standard wage rate is rupees 15 per unit and low wage rate is rupees 10 per unit. Worker Shyam produced 55 units where as worker Ram produced 60 units. What is the difference in their wage?
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Answer:
wage of shyam = 55*10 = 550
wage of Ram. = 60*15 = 900
difference in their wages is 350
It is the technique of Taylor differential piece wage system
Explanation:
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