In............................................, two piece rates are set for each job.

Related MCQs

• Each job has a ..................... prepared for it that bears the job number and which is used to collect all cost data relating to job.
• 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, 120% 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.
• In................................ each job is a cost unit to which all costs are assigned.
• Material Costs of each job are determined from……………
• Under piece rate system of wage payment, payment is made according to the…………………
• Taylors differential piece rate system provides for higher rate to …….workers.
• A bill of material is prepared in case of a................................. job
• The .....................costing is applied when a quantity of similar and identical products are manufactured together as one Job.