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Cost Accounting

K. Alex

Chapter 6

Labour - all with Video Answers

Educators


Chapter Questions

00:19

Problem 1

State whether the following statements are true or false:
Timekeeping and time booking are the same.

AG
Ankit Gupta
Numerade Educator

Problem 1

Choose the correct answer:
Time and motion study is conducted by
(a) Payroll department
(b) Personnel department
(c) Timekeeping department
(d) Engineering department

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02:03

Problem 2

State whether the following statements are true or false:
The idle-time report should show normal idle time separately from abnormal idle time.

AG
Ankit Gupta
Numerade Educator

Problem 2

Choose the correct answer:
Wage sheet is prepared by
(a) Cost accounting department
(b) Payroll department
(c) Personnel department
(d) Timekeeping department

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Problem 3

State whether the following statements are true or false:
For reducing labour cost per unit, a high input-to-output ratio is important.

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Problem 3

Choose the correct answer:
Cost of normal idle time is charged to
(a) Factory overhead
(b) Office overhead
(c) Selling overhead
(d) Administrative overhead

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Problem 4

State whether the following statements are true or false:
Productivity of workers can be improved only if they are supervised closely.

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Problem 4

Choose the correct answer:
Under Emerson's efficiency plan, the worker gets wages at
(a) $100 \%$ efficiency
(b) $80 \%$ efficiency
(c) $331 / 3 \%$ efficiency
(d) $662 / 3 \%$ efficiency

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01:01

Problem 5

State whether the following statements are true or false:
Time and motion study refers to a study to establish a proper method and time.

Suzanne W.
Suzanne W.
Numerade Educator
02:21

Problem 5

Choose the correct answer:
Under Gantt's task and bonus plan, no bonus is available to a worker if his or her efficiency is lower than
(a) $100 \%$
(b) $50 \%$
(c) $75 \%$
(d) $662 / 3 \%$

James Kiss
James Kiss
Numerade Educator
00:49

Problem 6

State whether the following statements are true or false:
Labour once lost cannot be recouped.

Tanishq Gupta
Tanishq Gupta
Numerade Educator
00:41

Problem 6

Choose the correct answer:
The system that combines both time and piece rate is
(a) Emerson's system
(b) Merrick's differential system
(c) Halsey system
(d) Bedaux system

Rikhil Makwana
Rikhil Makwana
Numerade Educator
01:03

Problem 7

State whether the following statements are true or false:
Time and motion study is conducted by the payroll department.

Carson Merrill
Carson Merrill
Numerade Educator

Problem 7

Choose the correct answer:
The wage system that benefits the less-efficient workers is
(a) Time wage
(b) Piece rate
(c) Halsey's system
(d) Rowan's system

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00:49

Problem 8

State whether the following statements are true or false:
Job evaluation and job analysis are the same.

Tanishq Gupta
Tanishq Gupta
Numerade Educator
View

Problem 8

Choose the correct answer:
The method of remuneration that gives stability of labour cost to the employer is
(a) Group bonus scheme
(b) Measured day work
(c) Premium bonus system
(d) Straight piece rate

Oluwadamilola Ameobi
Oluwadamilola Ameobi
Numerade Educator

Problem 9

State whether the following statements are true or false:
Labour cost is a second major element of cost.

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Problem 9

Choose the correct answer:
Incentive method of wage payment used for indirect workers is
(a) Gantt's task and bonus plan
(b) Rowan's plan
(c) Taylor's differential piece-rate system
(d) None of the above

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Problem 10

State whether the following statements are true or false:
The human element in labour makes the control of labour cost difficult.

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Problem 10

Choose the correct answer:
Under the high wage plan, a worker is paid
(a) Normal wage plus bonus
(b) At a double rate for overtime
(c) According to his or her efficiency
(d) At a time rate higher than the usual rate

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