14. From the following particulars given below, prepare the labour cost per man day of 8 hours a) Basic salary Rs.2 per day b) D.A. Rs.0.25 paise per every point over 100 (Cost of living index for working clats, current of living index 700 points) c) Leave salary 10% of (A, & B points) d) Employee's contribution to P.F. 8% of (A, B, & C points) e) E.S.I - 2.5% of A, B & C f) Expenditure on labour eminities Rs. 20 per head per mensum g) No. of working days in a month 25 dayş of 8 hours each

14. From the following particulars given below, prepare the labour cost per man day of 8 hours a) Basic salary Rs.2 per day b) D.A. Rs.0.25 paise per every point over 100 (Cost of living index for working clats, current of living index 700 points) c) Leave salary 10% of (A, & B points) d) Employee's contribution to P.F. 8% of (A, B, & C points) e) E.S.I - 2.5% of A, B & C f) Expenditure on labour eminities Rs. 20 per head per mensum g) No. of working days in a month 25 dayş of 8 hours each

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 7EA: A company estimates its manufacturing overhead will be $750,000 for the next year. What is the...

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14. From the following particulars given below, prepare the labour cost per
man day of 8 hours
a) Basic salary Rs.2 per day
b) D.A. Rs.0.25 paise per every point over 100 (Cost of living index for
working clats, current of living index 700 points)
c) Leave salary 10% of (A, & B points)
d) Employee's contribution to P.F. 8% of (A, B, & C points)
e) E.S.I - 2.5% of A, B & C
) Expenditure on labour eminities Rs. 20 per head per mensum
g) No. of working days in a month 25 days of 8 hours each.

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