Under Merrick’s multiple piece rate system, 120% of the ordinary piece rate is given to workers whose level of performance is between…........................of the standard output.

Related MCQs

• Under Merrick’s multiple piece rate system, 110% of the ordinary piece rate is given to workers whose level of performance is between……. of the standard output.
• Under Merrick’s multiple piece rate system, ordinary piece rate is given to workers whose level of performance is between…........................of the standard output.
• Taylors differential piece rate system provides for higher rate to …….workers.
• Under piece rate system of wage payment, payment is made according to the…………………
• The ordinary trading account is a locked storehouse of most valuable information to which cost system is the……………….
• 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……………….
• Fixed cost per unit …………………… with rise in output and …………… with fall in output.
• Multiple costing is a technique of using two or more costing methods for ascertainment of cost by.
• In............................................, two piece rates are set for each job.
• Standard costs is…………………..