Accountancy, asked by meenakshys321, 8 months ago

Q2
Standard time allowed fir a job is 20 hours and the rate per hour is Rs.1 plus a dearness allowance at the rate of 30 paise per hour worked.
Actual time taken by a worker is 15 hours.
Calculate the earnings under:
a. Time wage system
b. Piece wage system
c. Halsey plan
d. Rowan scheme​

Answers

Answered by lodhiyal16
1

Answer:

Explanation:

a)  Earning under time wage system

Wages for 15 hours @rs 1 per hour  = Rs. 15

Dearness allowance @30 paise per hour= Rs. 4.50

                                                                                     

                                                                          19.50  

b) Earning under piece rate method =

Wages for 20 hours = Rs.20

Dearness allowance = Rs. 6

                                               

                                        Rs.26  

c) Earning Halsey plan

Wages for 15 hours = Rs. 15

Bonus (1/2 * S-T * R) = Rs. 2.50

Dearness allowance = Rs. 4.50

                                                   

                                   Rs. 22

d) Earning under Rowan scheme

Wages for 15 hours = Rs. 15

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