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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 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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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.
Transcribed Image Text: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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