Production cost refers to prime cost plus Factory overheads.
28) Production cost refers to prime cost plus
Answer is:
factory overheads
Explanation:
Related Industrial Engineering MCQ with Answers
Answer is:
Halsey plan
Explanation:
Halsey plan wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved.
Answer is:
is applied to all level of workers
Explanation:
Halsey plan of wage incentive Is applied to all level of workers.
Answer is:
on the percentage of time worked
Explanation:
According to Rowan plan of wage incentive system, bonus is paid to a worker On the percentage of time worked.
Answer is:
whose output exceeds 67 % efficiency
Explanation:
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker Whose output exceeds 67% efficiency.