Multiple Choice Questions on If time allowed for a job is 10 hours time taken for the job is 8 hours and rate of pay is 2 per hou........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

If time allowed for a job is 10 hours time taken for the job is 8 hours and rate of pay is 2 per hou...........

Costing - Phase (I & II) Basics of Cost Control and Analysis
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    If time allowed for a job is 10 hours, time taken for the job is 8 hours and rate of pay is 2/- per hour, the bonus to the worker as per Halsey Premium method with 50% bonus rate: 

    1.20 

    Incorrect Answer

    2.00 

    Correct Answer

    3.20 

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Bonus = (Standard time (-) Actual Time) x standard rate per hour x %

    In given problem, bonus as per Halsey will be: 10- 8 x 2 x 50%= 2/-

    By: Vikas Goyal
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