In time wage system, wages are paid according to the……………….

Related MCQs

• Standard time for a job is 8 hours and actual time taken is 6 hours. What is the total wages payable under Halsey plan if wage rate is Rs. 10 per hour?
• Wages under this system is paid for the time worked irrespective of the volume of production during that time
• Which of the following methods of wage payment does not guarantee wages on time basis?
• Under Piece Rate System wages are paid according to
• For a work order, standard time and time taken are 20 hours and 15 hours respectively. Time rate being Rs. 2 per hour, total wages payable under Rowan Premium Plan will be……………….
• Under piece rate system of wage payment, payment is made according to the…………………
• Under piece rate system of wage payment, payment is made according to the: -
• Which of the following items should be included in a cash budget? (i) Loan repayments (ii) depreciation charges (iii) tax provision (iv) wages paid
• ________ is concerned with the recording of time of workers for the purpose of attendance and wage calculations.
• The following details have been extracted from the debtors collection records of X limited: Invoices paid in the month after sale 60% Invoices pain in the second month after sale 20% Invoices paid in the third month after sale 15% Bad debts 5% Credit sales for June to August 2014 or budgeted as follows: June Rs. 1,00,000 July Rs. 1,50,000 August Rs. 1,30,000 customers pain in the month after sale are entitled to deduct a 2% cash discount. Invoices are issued on the last day of the month. The amount budgeted to be received in September 2014 from credit sales is