Applying the principles of time and motion studies, Accounting Basics

+44 141 628 6080
[email protected]

Applying the principles of time and motion studies

Question:

The allowed time for a job was fixed as 1 hour by applying the principles of time and motion studies, but the job was completed in 40 minutes. Calculate the wages under the three methods of payment and find the cost per article, assuming the basic time rate of Rs 5 per hour.

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Applying the principles of time and motion studies

Reference No:- TGS02038173

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : What is the total production cost

Lockport Marine Services, Inc. wishes to assign a set of jobs to a set of machines. The following table provides data on the cost of production of each

Q : Describe criminal rule regarding discovery obligations

Locate the Criminal Rule regarding discovery obligations for the defendant and provide a summary of what the defendant is required to provide

Q : What would be the average time between orders

The college is open 250 days per year. The cost of a packet of paper is $25 d) The following information is available about the operation and purchase

Q : Esi contribution to be deposited by the employer

ESI contribution to be deposited by the employer. Total labour cost to the employer for the month of April, chargeable to the job

Q : Applying the principles of time and motion studies

The allowed time for a job was fixed as 1 hour by applying the principles of time and motion studies, but the job was completed in 40 minutes

Q : Computation of wages under various methods of wage payment

Computation of wages under various methods of wage payment: In an engineering factory, wages are paid on a weekly basis

Q : Compute the total set-up-processing time

You have two contracts to choose from: ??In the default contract, jobs completed within 24 hours earn $1000. Late jobs incur a revenue penalty of $500 per day

Q : Calculate total earnings of a worker under the halsey plan

Calculate the total earnings of a worker under the Halsey plan. Also find the effective rate of earning.

Q : What is the best location by the center-of-gravity method

The Davis national drugstore chain prefers to operate one outlet in a town that has four major market segments.

1927872

Questions
Asked

3,689

Active Tutors

1428921

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Ability to form new memories begins painting

A patient who has lost the ability to form new memories begins painting as part of an art therapy class. The patient attends biweekly painting

Illustrate the difference in cognitive performance

Question: Which difference in cognitive performance is supported by scientific evidence?

Review the documentary series - the baby human

Watch the following clip from the documentary series "The Baby Human: To FeelLinks to an external site."

Design effective real-world strategies

Describe 2 ways in which our knowledge of findings from research on working memory can help us design effective real-world strategies for coping

How should one break down the steps in a complex behavior

How should one break down the steps in a complex behavior such that they can be trained using forward or backward chaining?

Conducting a formative and/or summative evaluation study

Explain the purpose and potential benefits of conducting a formative and/or summative evaluation study

Potential contributing factor to schizophrenic episodes

Question: Which event in Mark Vonnegut's life is noted as a potential contributing factor to his schizophrenic episodes?