Here I have solved third problem of Halsey and Rowan Plan where time taken by worker is not given.
I have also explained the concept of Effective Rate per Hour which is important adjustment in this question.
This is Illustration 10 of the ICAI Study Material. ( XYZ Ltd. )
ā±TIMESTAMPS
00:00 - Intro
00:42 - Recap of Previous Videos
02:59 - Effective Rate per Hour
08:26 - Problem 3 - ICAI Illustration 10
Labour Costing Chapter Playlist
https://youtube.com/playlist?list=PLVjZhvcpvcGosEwWqeIRkbClTiivKcCzI&si=OuB6brlgF4BfHmQ5
This is for the students of B.COM, BBA, CA INTER, CMA and any other accounting courses which has this chapter in its syllabus.
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