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Accounting for Labour | Piece Rate | Time Rate | Exam Based Problems

Published on: May 11, 2021

Accounting for Labour | Exam Based Problems

Exam based problems and answers of Accounting for Labour are the BEST collection for sure shot success in the examination.

These questions are based on board exam.

These questions are set in easy to difficult series.

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PROBLEMS AND ANSWERS OF ACCOUNTING FOR LABOUR

Piece Rate

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 1

The weekly working hours in a factory is 50 hours and a worker works 50 weeks during a year. The hourly output is 10 units. The wage rate per unit is Rs 10.

Required: (a) Produced units; (b) Wages payable to a worker for a year by using a piece rate system.

[Answer: Output = 25,000 units; Wages = Rs 250,000]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 2

The standard output per hour is 5 units. The piece rate is Rs 6 per unit and the worker worked 200 hours in a month.

Required: Monthly wage amount of the worker

[Answer: Output = 1,000 units; Wages = Rs 6,000]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 3

The weekly working hours in a factory is 48 hours and a worker works 40 weeks, on average, during a year. The wage rate per unit is 10 and production units per hour are 20 units.

Required: (a) Produced units; (b) Wage payable to a worker for a year by using piece-rate system.

[Answer: Output = 38,400 units; Wages = Rs 384,000]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 4

In a factory, the standard weekly working hours of a worker is 42 hours and the standard output per hour is 5 units. The rate is fixed at Rs 6 per unit. The worker worked 40 weeks.

Required: (a) Annual produced units; (b) Annual wage amount for the worker under piece-rate system

[Answer: Produced units = 8,400 units; Total wages = Rs 50,400]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 5

The standard output in a day of eight hours is 48 units. The piece rate is Rs 3. A and B worked for 100 and 90 hours respectively.

Required: Monthly produced units and earnings of A and B

[Answer: Monthly units: A = 600 units; B = 540 units;

Monthly wages: A = Rs 1,800; B = Rs 1,620]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 6

Following information is provided in respect of wages:

The time allowed for 10 units of output 1 hour

Hourly rate Rs 40 per hour

Product per day: Maila 55 units and Kanchha 62 units

Required: Wage payable to Maila and Kanchha for one day by using the piece rate system.

[Answer: Wages: Maila = Rs 220; Kanchha = Rs 248;

*Wages rate per unit (Rs 40 ÷ 10 units) = Rs 4

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Time Rate

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 7

A worker engaged in a factory worked 60 hours a week. The working hours per week are 48 hours and the standard wage rate is Rs 20 per hour. The overtime wage rate is Rs 15 per hour, which is 75% of the standard rate.

Required: Total wages earned by the worker for one week

[Answer: Total wage = Rs 1,140;

*Overtime (60 – 48) = 12 hours]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 8

The standard time allowed for one unit of output is 15 minutes. The hourly wage rate is Rs 40 per hour. A worker produced 28 units in a day.

Required: Total earning of the worker

[Answer: Total wages = Rs 280;

*Worked hours (0.25 x 28) = 7 hours]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 9

The time allowed for 10 units of output is one hour. The rate per hour is fixed at Rs 50. Kamal produced 1,000 units during the month.

Required: Earning of Kamal for the month

[Answer: Wages = Rs 5,000;

* Worked time = 100 hours]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 10

The time allowed for 1 unit of output is 20 minutes. The hourly wage rate is Rs 180 per hour. A worker produced 10 units.

Required: Total earning by the worker

[Answer: Wages: = Rs 600;*Worked hours (200m ÷ 60m) = 3⅓hours]

Mixed Problems of Time Rate and Piece Rate

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 11

Extracted data are taken from a contractor:

Wage rate per day (of 8 hours) Rs 180

Average working days in a month 25 days

Required: (1) Total wages during a month; (2) Wage rate per hour

[Answer: (1) Rs 4,500; (2) Rs 22.50]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 12

AK Manufacturing Company provides you with the following information:

The standard time allowed 50 hours per week

The worker worked 60 hours per week

Wage rate per hour Rs 55

Allowance for overtime Rs 40 per hour

Required: Total earning of the worker

[Answer: Total wage = Rs 3,150;

*Overtime (60 – 50) = 10 hours]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 13

The following information of a manufacturing enterprise is provided to you:

Normal weekly working hours for 6 working days	48 hours
Normal wage rate per hour	Rs 40
Overtime rate per hour	1.5 time of normal wage rate

The time card of a worker shows the following entries of his attendance for the month of January:

Weeks	First	Second	Third	Fourth
Hours worked	55	48	60	56

Required: Wages earned by the worker for the month

[Answer: Total wage = Rs 9,300;

*Overtime (219 – 192) = 27 hours]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 14

The pay roll sheet of worker Manoj has the following working hours:

Days in week	Sun	Mon	Tue	Wed	Thu	Fri	Sat
Worked hours	–	10	8	9	11	12	7

Wages rate per hour is Rs 30. Daily working hours are 8 hours. Overtime is paid 1.5 times of normal wage.

Required: (a) Total wages during a week; (b) Wage rate per hour including overtime

[Answer: (a) Rs 1,890; (b) Rs 33.16]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 15

The following information of BC Manufacturing Company is given to you:

Normal wage rate per hour	Rs 60
Normal time allowed per units	30 seconds (0.5 minute)
Normal working hour per day	8 hours

Units produced during one day by worker A = 1,000 units and B = 1,200 units

Required: (a) Standard output per hour and per day; (b) Wages rate per unit of output;

[Answer: (a) Standard output: Per hour = 120 units; Per day = 960 units;

(b) Wage rate per unit = Re 0.50; (c) Total wage: A = Rs 500; B = Rs 600]

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country

PROBLEM: 16

Extracted data are taken from ABC Book Binders:

Standard time allowed for per unit	10 minutes
Wage rate per hour	Rs 30
Units made by worker A during a month	6,200 units
Units made by worker B during a month	5,000 units