In the Halsey Premium Plan, bonus is usually set at what % of the time saved?

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?
• Formula of calculation of wages under Halsey Premium System is……
• 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……………….
• ………………..is maintained to know how the worker’s time shown by the time card is spent on various jobs.
• Wages under this system is paid for the time worked irrespective of the volume of production during that time
• The CIMA definition of zero-based budgeting is set out below, with two blank sections. "Zero-based budgeting: A method of budgeting which requires each cost element ____________, as through the activities to which the budget relates ____________." Which combination of two phrases correctly complete the definition?
• ____________ Accounts is the name given to a system whereby cost and financial accounts are kept in the same set of books.
• In …………………………., two piece rates are set for each job.
• Standards set provide yardsticks against which………….are compared.
• How many piece rates are set for each job in Taylor’s differential piece rate system?