In a factory bonus system, bonus hours are credited to the employees in the proportion of time taken which time saved bears to time allowed. Jobs are carried forward from one week to another. No overtime worked and payment is made in full for all units worked on, including those subsequently rejected. From the following information you are required to calculate for each employee –
[a] The bonus hours and amount of bonus earned.
[b] The total wage costs and
[c] The wages cost of each good unit produced.
|
Particulars |
Worker A |
Worker B |
Worker C |
|
Z |
Rs.10 |
Rs.16 |
Rs.12 |
|
Units produced for production |
2500 |
2200 |
3600 |
|
Time allowed for 100 units |
2 hrs. 35 minutes |
3 hours |
1 hour 30 minutes |
|
Time taken |
52 hours |
75 hours |
48 hours |
|
Rejects |
100 units |
40 units |
400 units |