Idle Time is

Related MCQs

• Idle time variance is………….
• Idle time does not include
• 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
• 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?
• ABC ltd. uses the following flexible budget formula to annual maintenance cost: Total cost = Rs. 6720 + Rs. 0.64 for machine hour The current month's budget is based on 20,000 hours of planned machine time. The maintenance cost included in this flexible budget for the current month is
• The quantity of material to be ordered at one time is known as…………
• ………………is a technique of stock control which leads to saving of time of the management because attention is required to be paid only to some of the items rather than on all the items.
• In time wage system, wages are paid according to the……………….