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Labour Costing

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

__________ is essential for costing purpose

a)

Time Keeping

b)

Time Booking

c)

Attendance

2.

_________ is necessary for Pay Roll Accounting

a)

Time Keeping

b)

Time Booking

c)

Time Recording

3.

________ is a method of Time Booking.

a)

Attendance Register

b)

Daily Time Sheet

c)

Time Clock

4.

The ________ shows the time spent by worker on a particular product or job.

a)

Job Ticker

b)

Job Card

c)

Salary Slip

5.

________ shows details of Wages paid.

a)

Attendance Register

b)

Muster Roll

c)

Pay Roll

6.

_______ is prepared for individual workers.

a)

Job Sheet

b)

Job Card

c)

Pay Slip

7.

________ Labour cannot be identified easily

a)

Direct

b)

Indirect

c)

Productive

8.

Which of the following is not a direct labour

a)

manufacturing labour

b)

operating labour

c)

factory manager

9.

_______ is a periodic statement of wages

a)

Pay Roll

b)

Pay Slip

c)

Job Card

d)

Job Sheet

10.

Pay Roll shows _______

a)

Gross Wages

b)

Deductions

c)

Net Wages

d)

All of these

11.

_______ is a method to calculate Labour Turnover

a)

Halsey's

b)

Merrick

c)

Flux

12.

Labour Turnover leads to higher _________

a)

productivity

b)

efficiency

c)

cost

13.

Cost incurred on medical services is a ______ cost

a)

Replacement

b)

Preventive

c)

Labour

14.

Exit Interviews can ________ labour turnover

a)

increase

b)

decrease

c)

maintain

15.

Under ________ method, output of worker is irrelevant

a)

Time Rate

b)

Piece Rate

c)

Taylor Differential

16.

Under _____ method, bonus paid to workers is in proportion of time saved to time allowed.

a)

Halsey's Plan

b)

Halsey Wier Plan

c)

Rowan's Plan

17.

Wages paid for normal idle time is charged to _______

a)

Administrative

b)

Direct Labour / Factory Overheads

c)

Selling or Distribution

18.

A worker has a time rate of Rs 15 per hour. He makes 720 units (standard time 5 minutes per unit) in a week of 48 hours. His wages as per rowan plan

a)

Rs 864

b)

Rs 840

c)

Rs 820

19.

A worker is allowed 60 hours to complete a job on a guaranteed wage of ` 10 per hour. He completes the job in 48 hours. How much will he under Halsey

a)

Rs 540

b)

Rs 450

c)

Rs 640

20.

Taylor’s Differential piece rate plan penalises

a)

Efficient Workers

b)

Inefficient Workers

c)

No Worker

21.

The method which does not differentiate between efficient and inefficient worker is

a)

Time Rate

b)

Piece Rate

22.

"(Actual hours worked * Rate per hour) + (Time saved * 50% rate per hour)". Out of the following in which system the amount of wages is calculated?

a)

Halsey plan

b)

Rowan plan

c)

Taylor's plan

23.

Rushi completes a work in 8 hours instead of 10 hours. Labour rate per hour is Rs 5. What he will earn as per Rowan plan?

a)

Rs 45

b)

Rs 48

c)

Rs 50

24.

In Halsey Plan Bonus is paid to the workers on the basis of Time saved.

a)

True

b)

False

25.

If actual time taken is less than standard time, it is called Time saved.

a)

True

b)

False

26.

_____ system brings down output.

a)

Time Rate

b)

Piece Rate

c)

Differential Plan

27.

Low wages cause _____ _____.

a)

High Stock Turnover

b)

High Debtors Turnover

c)

High Labour Turnover

28.

Pension scheme can _____ labour turnover.

a)

increase

b)

decrease

c)

have no effect on

29.

Unavoidable cause of labour turnover may be _____ _____ _____ of employee.

a)

Exit interview, Better facilities, Better pay

b)

Low wages, Lack of Training, Lack of Proper HR Policies

c)

Death, Retirement, Marriage

30.

Exit interview can _____ labour turnover.

a)

increase

b)

decrease

c)

have no effect on