Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CALCULATE the earnings of A and B from the following particulars for a month and allocate the employee cost to each job X, Y

  

CALCULATE the earnings of A and B from the following particulars for a month and allocate the employee cost to each job X, Y and Z: (1) Basic Wages (3) (ii) Dearness Allowance (iii) Contribution to provident Fund (on basic wages) (iv) Contribution to Employee's State Insurance (on basic wages) (v) Overtime (Hours) 10,000 16,000 50% 50% 8% 2% 10 The normal working hours for the month are 200. Overtime is paid at double the total of normal wages and dearness allowance. Employer's contribution to state Insurance and Provident Fund are at equal rates with employees' contributions. The two workers were employed on jobs X, Y and Z in the following proportions: Jobs Worker A Worker B Overtime was done on job Y. X 40% 50% Y 30% 20% Z 30% 30% 8% 2%

Step by Step Solution

3.41 Rating (154 Votes )

There are 3 Steps involved in it

Step: 1

Statement showing Earnings of workers A and B A Rs Basic wages Dearness allowance 50 of Bas... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Physics

Authors: David Young, Shane Stadler

10th edition

1118486897, 978-1118836873, 1118836871, 978-1118899205, 1118899202, 978-1118486894

More Books

Students also viewed these Accounting questions

Question

=+b. Calculate the probability P111.99 # x # 12.012 when n 5 64.

Answered: 1 week ago

Question

=+a. Calculate the probability P111.99 # x # 12.012 when n 5 16.

Answered: 1 week ago