From the following particulars you are required to calculate 'Average Wage Rate' and the labour cost chargeable to Job 'A' which was completed in 2006 : Basic wage rate is 2 per hour and overtime rates are as follows : Before or after working hours 150% of basic wage rate Sunday and Holidays 200% of basic wage rate During the year 2006 the following hours were worked : Normal time 2,00,000 hours Overtime before or after working hours 30,000 hours Overtime on Sunday and holidays 20,000 hours Total 2,50,000 hours For Job 'A' 3,500 hours were spent as follows : Normal time3,000 hours; Before and after working time300 hours; Sunday and Holidays200 hours