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OtisamLMS
Cost Accounting

Cost Accounting · Quick practice · answer shown after each question

Labour

Question 1 of 10

Question 1 of 10

Labour turnover rate measures

Question 2 of 10

Question 2 of 10

A worker earns GH₵ 15 per hour and works 40 hours. Find the gross wage.

Question 3 of 10

Question 3 of 10

A worker paid GH¢5 per hour works 40 hours. Gross pay is

Question 4 of 10

Question 4 of 10

A worker produces 120 units at GH¢0.50 piece rate with a guaranteed minimum of GH¢50 per day. Daily pay is

Question 5 of 10

Question 5 of 10

A worker paid by the number of units produced is on a

Question 6 of 10

Question 6 of 10

Paying workers according to the number of units produced is

Question 7 of 10

Question 7 of 10

Under the Rowan scheme, bonus = (time saved/time allowed) × time taken × rate. For 10 h allowed, 8 h taken, GH¢5/h, the bonus is

Question 8 of 10

Question 8 of 10

A time sheet records

Question 9 of 10

Question 9 of 10

The rate at which employees leave and have to be replaced is

Question 10 of 10

Question 10 of 10

Under the Halsey plan, the bonus is

Questions written by OtisamLMS in the style of the WASSCE. They are not WAEC past questions.