1. A job is budgeted to require 3,300 productive hours including 25% normal idle time. If the total labour cost budgeted for the job is Rs. 36,300, what is the labour cost per hour?
(a) Rs.11.00
(b) Rs.14.67
(c) Rs.8.80
(d) Rs.8.25
2. The following factor is an avoidable cause for labour turnover:
(a) Lower wages
(b) Resignation
(c) Retirement
(d) Workers’ moving nature
3. Group bonus schemes are generally suitable where:
(a) Output depends on individual efforts
(b) Output of individual workers can be measured easily
(c) It is necessary to create a collective interest in the work
(d) Normal loss rate is high
4. For reducing the labour cost per unit, which of the following factors is the most important?
(a) Low wage rate
(b) Longer hours of work
(c) Higher input-output ratio
(d) Strict control and supervision
5. Wage rate Rs.30 per hour, Standard time 6 hours, and actual time taken 4 hours. Ascertain total amount of wages earned under Rowan Plan:
(a) Rs.180
(b) Rs.160
(c) Rs.120
(d) Rs.40
6. Which one from the following is not included in direct employee cost?
(a) Supervisor
(b) Technician
(c) Operator of a machine
(d) Analyst
7. A standard rate is paid to the employee when he completed his job
(a) In time less than the standard
(b) In standard time
(c) In time more than standard
(d) Both in standard time and more than the standard time
8. Cost incurred in recruitment, training and development of an employee is known as
(a) Replacement cost
(b) Opportunity cost
(c) Historical cost
(d) Imputed cost
9. Which of the following is not a type of remuneration system under Time Rate System
(a) High wage plan
(b) Measured day work
(c) Taylor system
(d) Differential time rate
10. Cost of labour turnover is:
(a) Direct cost
(b) Fixed cost
(c) Preventive cost
(d) Non-controllable cost
