Vidyalelo
Commerce · Q105

Costing

Graduate and Post Graduate · Commerce · question 105

Q105

Under Gantts task and bonus plan no bonus is payable to a worker if his efficiency is less than ________.

A.
50%
B.
60%
C.
835%
D.
100%
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Under Gantts task and bonus plan no bonus is payable to a worker if his efficiency is less than 100%. If a worker takes more time than the standard time to complete the task (i.e., his efficiency is below 100%), he is given wages for the time taken by him and if a worker takes the standard time to perform the task (i.e., efficiency is 100%), he is given wages for the standard time and a bonus of 20% on the wages earned.