From the following data, prepare a statement showing the cost per man day of 8 hours:
|
(a) |
Basic salary and DAs: Rs 300 per month |
|
(b) |
Leave salary to a worker: 6% of the basic salary and DA |
|
(c) |
Employer’s contribution to PF: 6% of (a) plus (b) |
|
(d) |
Employee’s contribution |
|
(e) |
Pro rata expenditure on amenities to labour: Rs 25 per head per month |
|
(f) |
Number of working hours in a month: 200 |
Hint: Ignore employee’s contribution to PF.