Beruflich Dokumente
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6 In which of the following incentive plans of wage payment, wages on time basis are
not guaranteed?
A Gantt’s task and bonus system C Rowan plan
B Halsey plan D Taylor’s differential piece rate system
7 Which of the following is a system, which combines both time and piece rate system?
A Emerson’s system C Halsey system
B Merrick’s differential system D Bedaux System
9 Which one of the following is a cost of seeking to create and stimulate demand and of
securing orders?
A Distribution cost C Administrative cost
B Selling cost D Research cost
Section B
Answer All questions (4 x 5 = 20)
12 A Calculate the earnings of workers A and B under Straight piece rate system and
Taylor’s differential piece rate system from the following particulars:
Normal rate per hour Rs. 1.80
Standard time per unit 20 seconds
Differential rates to be applied:
80% piece rate below standard
120% of piece rate at or above standard
Worker A produced 1,300 units and worker B produced 1,500 units per day of 8
hours.
OR
B From the following data ascertain the labour cost per day of 8 hours.
Basic pay: Rs. 200 per month
Leave pay: 5% of basic pay
Employer’s contribution to PF: 8% of (i) and (ii)
Employer’s contribution to E.S.I 2.5% of (i) and (ii)
Pro-rata amenities: Rs. 17.95 per head per month
Working hours in a month: 200
13 A ABC Ltd. is having 400 workers at the beginning of the year and 500 workers at
the end of the year. During the year 20 workers were discharged and 15 workers
left the organization. During the year the company has recruited 65 workers. Of
these, 18 workers were recruited in the vacancies of those leaving, while the rest
were engaged for an expansion scheme. What is the labour turnover rate under
separation method?
OR
B From the following data calculate the labour turnover under replacement method
and flux method
Number of employees at the beginning of the month 200
Number of employees at the end of the month 240
Number of employees resigned 20
Number of employees discharged 5
Number of employees replaced 18
Section C
Answer All questions (2 x 10 = 20)
15 A The Bangalore Ltd., supplies you the following information and requires you to
prepare a cost sheet:
Particulars Amount (in
Rs.)
Stock of raw materials 1st Sept 75,000
2018
Stock of raw materials on 30th Sept 91,500
2018
Direct wages 52,500
Indirect wages 2,750
Sales 2,00,000
Work-in-progress on 1st Sept 2018 28,000
Work-in-progress on 30th Sept 2018 35,000
Purchase of raw materials 66,000
Factory rent, rates and power 15,000
Depreciation of plant and 3,500
machinery
Expenses on purchases 1,500
Carriage outward 2,500
Advertising 3,500
Office rent and taxes 2,500
Travelling wages and commission 6,500
Stock of finished goods on 1st Sept 54,000
2018
Stock of finished goods on 30 th 31,000
Sept 2018
OR
B Two components A and B are used as follows:
Normal usage – 50 Kgs per week each
Minimum usage – 25 Kgs per week each
Maximum usage – 75 Kgs per week each
Re-order Quantity – A – 400 Kgs per week each ; B – 600 Kgs per week each
Re-order period – A – 4 to 6 weeks ; B – 2 to 4 weeks.
Calculate for each component
i. Re-order level ii. Maximum level iii. Minimum level iv. Average stock level
16 A XYZ Ltd., has five departments A, B, C, D and E of these A, B and C are production
departments while D and E are service departments. The overheads incurred
during the year 2017 were:
Rent 10,80 Rent and taxes 3,000
0
Depreciation on Building 54,00 Lighting 12,80
0 0
Depreciation on other 42,00 Power 16,50
assets 0 0
Insurance on Building 9,600 Stores 5,400
Overheads
Insurance on Plants 8,400 Subsidy to 5,600
Canteen
Apportionment of costs to the department after taking into account the following
further information:
Departments
A B C D E
Area (in Sq. ft) 300 4,000 4,000 2,000 2,000
Number of employees 80 110 60 30 20
Value of assets other than
building 1,50,0 1,90,0 1,80,0 1,00,0 80,00
(in Rs.) 00 00 00 00 0
Number of light points 15 10 7 5 3
Horse power of machines 400 300 200 200 ---
Value of materials consumed (in 40,00
90,000 80,000 60,000 ---
Rs.) 0
If service departments D and E given the service in the ratio of 3:2:1 and 2:2:1
respectively to the production departments A,B and C, and Machine Hours
produced as 1000, 1500 and 750 hours in the production departments A,B and C
respectively, compute Machine Hour Rate.
OR
B A company has three production departments and two service departments. For
the period ended 31st December 2018 the department distribution summary has
the following data:
Production Rs.
Departments
P1 3,200
P2 2,800
P3 2,000
Service Departments
S1 800
S2 1,200
10,00
0
The service departments costs are proposed to be charged on percentage basis
as given below:
P1 P2 P3 S1 S2
S 20 40 30 10
-
1 % % % %
S 40 20 20 20
2 % % % %
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