the standard labour hour rate for workmen of Grade lll from the ollowing data: Basic pay $ 200 per mensem. $ 150 per mensem. $ 100 per mensem. D.A. Fringe benefits Number of working days per year 300 Leave Rules: 30 days P.L. with full pay 20 days S.L.with half pay. Usually, sick leave is fully availed of. What would be the labour cost per hour if no sick leave'is availed of during the year?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Calculate the standard labour hour rate for workmen of Grade lll from the
following data:
Basic pay
$ 200 per mensem.
$ 150 per mensem.
$ 100 per mensem.
D.A.
Fringe benefits
Number of working days per year
300
Leave Rules:
30 days P.L. with full pay
20 days S.L.with half pay.
Usually, sick leave is fully availed of. What would be the labour cost per
hour if no sick leave'is availed of during the year?
Transcribed Image Text:Calculate the standard labour hour rate for workmen of Grade lll from the following data: Basic pay $ 200 per mensem. $ 150 per mensem. $ 100 per mensem. D.A. Fringe benefits Number of working days per year 300 Leave Rules: 30 days P.L. with full pay 20 days S.L.with half pay. Usually, sick leave is fully availed of. What would be the labour cost per hour if no sick leave'is availed of during the year?
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