from the following particulars prepare the labour cost per man day of 8 hours 558999

From the following particulars, prepare the labour cost per man day of 8 hours:

(a) Basic salary: Rs 55 per day

(b) DA: Re 0.50 per every point over 100 (cost of living index for working class); current cost of living index is 700 points.

(c) Leave salary: 10% of (a) and (b)

(d) Employer’s contribution to PF: (a) + (b) + (c)

(e) Employer’s contribution to state insurance: 2.5% of (a) + (b) + (c)

(f) Expenditure on amenities to labour: Rs 20 per head per month

(g) Number of working days in a month: 25 days of 8 hours

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