hey friends can any1 please tell me
which rate of bonus should be applied in (labour cost chapter) case the question gives no hint except the following:
1)Halsey system
2) Halsey Wier system
Jivanshu Singla (Articleship) (61 Points)
09 November 2011hey friends can any1 please tell me
which rate of bonus should be applied in (labour cost chapter) case the question gives no hint except the following:
1)Halsey system
2) Halsey Wier system
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 10 November 2011
If there is an option given between HALSEY and HALSEY WEIR then definitely HALSEY System ...... Halsey weir system came into force before HALSEY system . However it is not a suitable method . If no hint is given at all about the calculation then ROWAN PLAN is the most preferred and suitable method of Bonus Calculation .....
Jivanshu Singla
(Articleship)
(61 Points)
Replied 11 November 2011