B Com Exam  >  B Com Questions  >  Kamau completed a job in 45 hours for which 6... Start Learning for Free
Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme?
Most Upvoted Answer
Kamau completed a job in 45 hours for which 60hours were allowed.His w...
Kamau's Total Wage Calculation According to Different Schemes

Introduction:
Kamau completed a job in 45 hours, although 60 hours were allowed for the task. His wage rate per hour is shs 16. In this response, we will calculate Kamau's total wage using three different schemes: Halsey Scheme, Halsey Weir Scheme, and Rowan Scheme.

1. Halsey Scheme:
The Halsey Scheme is a bonus system where the worker is guaranteed a fixed hourly wage, irrespective of the time taken to complete the job. The bonus is calculated as a percentage of the time saved.

Calculation:
In this case, Kamau completed the job in 45 hours, which is 15 hours less than the allowed time of 60 hours. Let's calculate his total wage using the Halsey Scheme.

Step 1: Calculate the bonus percentage (Halsey rate):
Bonus percentage = 30% (Fixed percentage for Halsey Scheme)

Step 2: Calculate the bonus amount:
Bonus amount = Bonus percentage * (Time saved)
= 30% * 15 hours
= 4.5 hours

Step 3: Calculate the total wage:
Total wage = (Time taken * Hourly wage) + Bonus amount
= (45 hours * shs 16/hour) + 4.5 hours * shs 16/hour
= shs 720 + shs 72
= shs 792

Therefore, Kamau's total wage according to the Halsey Scheme is shs 792.

2. Halsey Weir Scheme:
The Halsey Weir Scheme is a combination of the Halsey Scheme and the Weir Scheme. It guarantees a fixed hourly wage and provides a higher bonus rate as the time saved increases.

Calculation:
In this case, Kamau completed the job in 45 hours, which is 15 hours less than the allowed time of 60 hours. Let's calculate his total wage using the Halsey Weir Scheme.

Step 1: Calculate the bonus percentage (Halsey rate):
Bonus percentage = 30% (Fixed percentage for Halsey Scheme)

Step 2: Calculate the Weir rate:
Weir rate = Bonus percentage * (Time saved / Time allowed)
= 30% * (15 hours / 60 hours)
= 7.5%

Step 3: Calculate the bonus amount:
Bonus amount = Weir rate * (Time taken)
= 7.5% * 45 hours
= 3.375 hours

Step 4: Calculate the total wage:
Total wage = (Time taken * Hourly wage) + Bonus amount
= (45 hours * shs 16/hour) + 3.375 hours * shs 16/hour
= shs 720 + shs 54
= shs 774

Therefore, Kamau's total wage according to the Halsey Weir Scheme is shs 774.

3. Rowan Scheme:
The Rowan Scheme is a system where the worker is paid a fixed percentage of the time saved as a bonus.

Calculation:
In this case, Kam
Explore Courses for B Com exam
Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme?
Question Description
Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme?.
Solutions for Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme? defined & explained in the simplest way possible. Besides giving the explanation of Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme?, a detailed solution for Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme? has been provided alongside types of Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme? theory, EduRev gives you an ample number of questions to practice Kamau completed a job in 45 hours for which 60hours were allowed.His wages rate per hour is shs 16.calculate kamau's total wage according to: Halsey scheme ,Halsey Weir scheme and Rowan scheme? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev