From the following data, prepare a statement showing the cost per day of 8 hours of engaging a particular type of labour
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(a) |
Monthly basic salary plus DA: Rs 1,200 |
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(b) |
Leave salary: 5% of (a) |
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(c) |
Employer’s contribution to PF: 8% of (a) and (b) |
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(d) |
Employer’s contribution to employees’ state insurance (ESI): 2.5% of (a) and (b) |
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(e) |
Pro rata expenditure on amenities to labour: Rs 100 per month |
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(f) |
Number of working hours in a month: 200. |