Given that for a job standard time is 8 hrs, actual time taken is 6 hrs and the time rate is Rs 2 per hr What is the total wages under Halsey premium plan?

Rs. 12
Rs. 14
Rs. 16
Rs. 18

The correct answer is $\boxed{\text{B) Rs. 14}}$.

The Halsey premium plan is a type of incentive wage plan in which workers are paid a base rate for their time worked, plus a bonus for any time they work below the standard time. The bonus is typically a percentage of the time saved.

In this case, the standard time for the job is 8 hours, the actual time taken is 6 hours, and the time rate is Rs 2 per hour. The bonus is therefore 2/8 * 2 = Rs 1 per hour. The total wages for the job are therefore 6 * 2 + 1 = Rs 14.

Option A is incorrect because it is the time rate only. Option C is incorrect because it is the time rate plus the bonus for the first hour only. Option D is incorrect because it is the time rate plus the bonus for the entire job.

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