form the following particulars prepare labour cost per man day of 8 hours 558932

Form the following particulars prepare labour cost per man day of 8 hours

(a) Basic salary

Rs 4 per day

(b) Dearness allowance (DA)

25 paise per every point over 100 (cost of living index for working class); current cost of living index is 800 points

(c) Leave salary

10% of (a) and (b)

(d) Employer’s contribution to provident fund (PF)

8% of (a), (b) and (c)

(e) Employer’s contribution to state insurance

2.5% of (a), (b) and (c)

(f) Expenditure on amenities to labour

Rs 20 per head per mensem

(g) Number of working days in a month

25 days of 8 hours each

Submit a Comment