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?

Related MCQs

• 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……………….
• Formula of calculation of wages under Halsey Premium System is……
• In the Halsey Premium Plan, bonus is usually set at what % of the time saved?
• 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
• In time wage system, wages are paid according to the……………….
• Which of the following methods of wage payment does not guarantee wages on time basis?
• When …………………….is used on the basis of budgeted overheads and the rate is applied to the actual base, the actual overhead expenses may be different from the charged overheads.
• Machine hour rate is obtained by dividing the total running expenses of a machine during a particular period by the…………
• Each job has a ………….. prepared for it that bears the job number and which is used to collect all cost data relating to job.
• Each job has a ______ prepare for it that bears the job number and which is used to collect all cost data relating to job.