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This question belongs to Commerce Costing
Costing
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Bonus under Rowan scheme is paid ________.

Answer & Solution
Correct Answer: Option C
Bonus under Rowan scheme is paid as a proportion of time saved to standard time. In the Halsey Plan, bonus is usually set at 50% of the time saved. It does not serve as a strong incentive. On the other hand under the Rowan Plan, bonus is that proportion of the wages of the time taken which the time saved bears to the standard time.
Examveda
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3 Comments
Komaraiah Jatangi
Komaraiah Jatangi 8 years ago
Answer: Option C

C. as a proportion of time saved to standard time
Bunny Raju
Bunny Raju 8 years ago
Yes
Naresh Merugu
Naresh Merugu 8 years ago
It must be option C