Multiple choice

A worker C is allowed time of 50 hours for completion of the job and the hourly rate is Rs. 10. The actual time taken by the worker is 40 hours. Calculate wages under Halsey Plan.

  1. Rs. 425

  2. Rs. 430

  3. Rs. 450

  4. Rs. 445

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

 It is Rs 450. Time Saved = Time Allowed - Time Taken                              50 hours - 40 hours                       =      10 hours   Total Wages =  ( Time Taken X Hour Rate ) + (  50 ( Time Saved ) X Hourly Rate )                                                                                      100                                                              ( 40  X  10 )  + (  50   (  10 ) X  10 )                                                                              100                                                     = 400  + 50 X 100                                                                       100                                                   = 400 + 50 = Rs 450

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