(a) Monthly salary (Basic wages) = Rs. 6,000. (b) DA = 10% of (a). (c) Leave salary...

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(a) Monthly salary (Basic wages) = Rs. 6,000.

(b) DA = 10% of (a).

(c) Leave salary payable to workman = 15% of

(a) and (b).

(d) Employee’s contribution to PF = 8% of

(a) and (b).

(e) Employer’s contribution to ESI = 5% of

(a) & (b).

(f) Employee’s contribution to ESI – same as (e).

(g) Pro-rata expenditure on amenities to labour = Rs. 50 per head per month.

(h) No. of working hours in a month = 200 hours.

From the above data, prepare a statement showing the cost per day of 8 hours of engaging a particular type of labour.

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Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

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