In a mutual project, both Raj and Bhuvan are contributing their efforts, using identical materials. Raj receives a bonus based on the Rowan plan,…
CA Intermediate · Cost and Management Accounting · PYQS · September 2024
In a mutual project, both Raj and Bhuvan are contributing their efforts, using identical materials. Raj receives a bonus based on the Rowan plan, while the Halsey plan determines Bhuvan's bonus. The standard time allocated for the project is 150 hours. Raj completes the project in 90 hours, while Bhuvan finishes it in 120 hours. The normal hourly wage rate for Raj is 30. The total earnings for both workers are equal. Calculate the normal hourly wage rate to be paid to Bhuvan.
Suggested Answer and Working Notes:
Correct Answer: Option (D)
₹ 28.00
Topics: Employee Cost & Direct Expenses
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