Multiple Choice Questions on For inefficient worker with efficiency less than 100 the rate applicable as per Taylor Differential ........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

For inefficient worker with efficiency less than 100 the rate applicable as per Taylor Differential ...........

Costing - Phase (I & II) Basics of Cost Control and Analysis
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    For inefficient worker with efficiency less than 100%, the rate applicable as per Taylor Differential Piece Rate system will be ______ of Normal Piece rate.

    100%

    Incorrect Answer

    80%

    Correct Answer

    120%

    Incorrect Answer

    110%

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Taylor differential piece wage system has laid down three types of rates:

    For efficient worker, the rate is 120% of Normal Piece rate.

    For inefficient worker, the rate is 80% of Normal Piece rate.

    For 100% efficient worker, the rate is normal piece rate.

    By: Vikas Goyal
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