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In a Factory 20 workers are employed in the production of a goods. From the following particulars com- pute the Wage Bill for the workers
In a Factory 20 workers are employed in the production of a goods. From the following particulars com- pute the Wage Bill for the workers for the month of December, 2010: Basic Wages @ 1,000 p.m. per worker Dearness Allowance @ 900 p.m. per worker Bonus for the month @ 20% of Basic Wages plus D.A. Other Allowances @ 200 p.m. Own and Employer's Contribution to P.F. @ 10% of Basic Wages Own and Employer's Contribution to E.S.I, @ 2% of Basic Wages Professional Tax deducted from Salary Also, show the Labour Cost of the factory 20 p.m
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