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How many rate are used to calculate wages under Taylor's differential...

This question belongs to Commerce Costing
Costing
?

How many rate are used to calculate wages under Taylor's differential piece rate system?

Answer & Solution
Correct Answer: Option A
Two rate are used to calculate wages under Taylor's differential piece rate system. Taylor's Differential Piece-Rate System was introduced by F.W. Taylor, who believed that the workers should be paid on the basis of their degree of efficiencies.
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3 Comments
Surbhi Bansal
Surbhi Bansal 8 years ago
Two
Below standard: basic piece rate
At or above std.: 120% of basic piece rate
Sunny Malla
Sunny Malla 9 years ago
option A is correct
Below the standard basic piece rate and
At or above the standard 120% of basic piece rate
Sudheer Kumar
Sudheer Kumar 9 years ago
answer is two
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