Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Commerce Exam > Commerce Questions > Actual production 432 units, standerd product...

Join the Discussion on the App

Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5?

Join for Free

Join for Free

View all answers Start learning for free

Explore Courses for Commerce exam

Similar Commerce Doubts

Calculate the Earnings of Worker Mahesh and Worker Rupesh under Straight Piece Rate System and Taylor’s Differential Piece Rate System from the following Particulars :- Standard Time per unit = 30 seconds Normal Rate per hour = Rs 18 Differential Rate to be applied

View answer

From the following particular, you are required to calculate gross earnings of a worker under : (

View answer

Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.What will be the earnings of a worker producing 15 units?

View answer

Suppose the production of airframes is character- ized by a Cobb–Douglas production function: Q - LK. The marginal products for this production function are MPL - K and MPK - L. Suppose the price of labor is $10 per unit and the price of capital is $1 per unit. Find the cost-minimizing combination of labor and capital if the manufacturer wants to produce 121,000 airframes.?

View answer

Direction: Read the following text and answer the questions given below:Tasty Ice Creams Ltd. is a very famous company in Indore and has many branches in different parts of the city. They also have major expansion plans as they expect that their customers will increase in number in the next two years. Tasty Ice Creams Ltd. produces a variety of ice-creams which are extremely popular in the city and one brand of icecream ‘Magic’ sells the most. Thus, the company undertakes the maximum production for ‘Magic’ and it contributes to their revenue to the extent of 25% and has the largest market share. The company has undertaken different strategies to ensure that they remain the market leader in Indore. One of the methods it follows is Differential Piece Wage System to differentiate between efficient and inefficient workers. It is so because the company believes that in this way its inefficient workers would be encouraged to perform better and improve their productivity. This will motivate them to be at par with the efficient workers. Thus, Tasty Ice Creams Ltd. has determined the standard time and other parameters on the basis of the work-study techniques of Scientific Management. It has been determined that the standard output per worker per day is 10 units and those who made standard or more than standard will get ₹ 50 per unit and those below will get ₹ 40 per unit.Such a worker producing 15 units is termed as ………………..

View answer

Top Courses for CommerceView all

NCERT Books & Solutions for Commerce

Economics for CBSE Class 12 Board Examinations

Top Courses for Commerce

View all

Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5?

Share with a Friend

Answer this doubt

Question Description
Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5?.

Solutions for Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.

Here you can find the meaning of Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5? defined & explained in the simplest way possible. Besides giving the explanation of Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5?, a detailed solution for Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5? has been provided alongside types of Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5? theory, EduRev gives you an ample number of questions to practice Actual production 432 units, standerd products 430 unit calculated his total earrings under Taylor's differential price rate. Rate of wages per unit Rs . 5? tests, examples and also practice Commerce tests.

Explore Courses for Commerce exam