What would be his total hourly rate of earnings

Assignment Help Accounting Basics
Reference no: EM133031594

Question - A worker under the halsey method of remuneration has a day rate of Rs 12 per week of 48 hours, plus a cost of living bonus of 10 paise per hour worked. He is given an 8 hour task to perform, which the accomplishes in 6 hours. He is allowed 30% of the time saved as premium bonus. What would be his total hourly rate of earnings, and what difference would it make if he was paid under the Rowan method?

Reference no: EM133031594

Questions Cloud

Promoting sustainable foreign direct investment : What are some strategies developing countries can put in place for attracting and promoting sustainable foreign direct investment?
Describe an organisation using the systems theory : Question 1 - Contemporary approaches to management, systems and contingency theories. (Max. 200 words)
What does independence mean for accountants : Discuss the role of officers, non-executive board members, and shareholders. What does independence mean for accountants
General high levels of individual learning : The level of organisational learning in ANAC is 10% lower than the industry's average, even though the level of individual learning is 30% higher than the indus
What would be his total hourly rate of earnings : What would be his total hourly rate of earnings, and what difference would it make if he was paid under the Rowan method
Case study-hashtag ltd : The number of people getting on their bike is growing. Though usage is tiny compared to the 1940s and 1950s, there were 3.8% more miles cycled this year compare
What amount should be reported as accounts payable : A P50,000 credit memo was received and recorded by Ukraine Company on January 6, 2021. What amount should be reported as accounts payable
Supervisor asks internal consulting : The operating room (OR) supervisor asks internal consulting what to do about demands that he is unable to meet.
Report Assignment in Accounting and Finance : Addressed to the Managing Director of Clark Casc and containing the following sections, as directed in the Managing Director's email

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd