from the following data prepare a statement showing the cost per day of 8 hours of e 558933

From the following data, prepare a statement showing the cost per day of 8 hours of engaging a particular type of labour

(a)

Monthly basic salary plus DA: Rs 1,200

(b)

Leave salary: 5% of (a)

(c)

Employer’s contribution to PF: 8% of (a) and (b)

(d)

Employer’s contribution to employees’ state insurance (ESI): 2.5% of (a) and (b)

(e)

Pro rata expenditure on amenities to labour: Rs 100 per month

(f)

Number of working hours in a month: 200.

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