Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8% Allocation of wages to various jobs. Calculate the earnings of workers A and B from the following particulars for a month and allocate the
8% Allocation of wages to various jobs. Calculate the earnings of workers A and B from the following particulars for a month and allocate the eam- ings to each of the jobs X, Y and Z : B Basic Wages * 100 100 Dearness Allowance (on basic wages) 50% 55% Provident Fund (on basic wages) 8% Employees' State Insurance (on basic wages) 2% 2% Overtime 10 hours Idle Time and Leave 16 hours The normal working hours for the month are 200 hours. Overtime is paid at double the normal wages in- cluding dearness allowance. Employer's contribution to State Insurance and Provident Fund are at equal rate with the employees' contribution. The month containing 25 working days and one paid holidays. Two workers were employed on jobs X, Y and Z in the following proportions : Job X z Worker A 40 30 30 Worker B 30 50 20 Overtime was done on job Y only. Y
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started