can u solve ittttttttt

Cost Accounts 977 views 3 replies

A worker is paid @ 50 paise per hour plus a dearness allowance of Rs. 60 per month.

The provident fund contribution both by the employee and the worker is 6¼% each. The

worker is entitled to 15 days leave with full wages. His normal working per month is 25

days of 8 hours each.

(a) the wages per hour for costing purposes; and

(b) the amount to be paid to him for a week in which he puts in 52 hours of work.

tell me answer of this question with its solution........

Replies (3)

Calculation is as follows

 Weekly basic wages= 52*.50

Add DA @ (60/25)*7

Add PF(eployers contribution @ 6.25% onbasic wages+da

Wages per hour rate for costing purpose {(200x0.50+60)x106.25%x12}/{(200x12)-(15x8)} =0.8947 paise/hour ---------------------------------------- wages for a week of 52 hours {(52x0.50)+(60x52/200)}x106.25% = Rs 44.20

thanks a lot...


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