Here I have solved fifth problem of Halsey and Rowan Plan where we need to calculate Normal Wage Rate and Marterial Cost through Simultaneous Equation of Factory Cost.

This is Illustration 8 of the ICAI Study Material. ( Two Workmen A & B )

⏱TIMESTAMPS
00:00 - Question - ICAI Illustration 8
04:59 - Solution

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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