Model: Balance of debt system
From the following data, calculate the amount of wages payable to Mr Alex for each of the two days of week under “Balance of Debt system”.
|
Standard rate per hour |
Rs. 5. |
|
Standard rate per piece |
Rs. 7. |
|
Hours of work in a day: |
8 hr. |
Mr. Alex produces 5 pieces on the first and 6 pieces on the second day.
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