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
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