in a manufacturing concern bonus to workers is paid on a slab rate based on cost sav 558948

In a manufacturing concern, bonus to workers is paid on a slab rate based on cost saving towards labour and overheads. The following are the slab rates:

Up to 10% saving

5% of earnings

Up to 15% saving

9% of earnings

Up to 20% saving

13% of earnings

Up to 30% saving

21% of earnings

Up to 40% saving

28% of earnings

Above 40% saving

32% of earnings

The wage rates per hour of four workers P, Q, R and S are Re 1, Rs 1.10, Rs 1.20 and Rs 1.40, respectively. Overhead is recovered on direct wages at the rate of 200%. The standard cost under wages and overhead per unit of production is fixed at Rs 30. The workers completed one unit each in 8, 7, 5½ and 5 hours, respectively. Calculate the following for each worker

(a)

Amount of hours earned

(b)

Total earnings

(c)

Total earnings per hour

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