From the following data, prepare a statement showing the cost per day of 8 hours of engaging in a particular type of labour:
|
(a) |
Monthly basic salary plus DA: Rs 400 |
|
(b) |
Leave salary: 5% of (a) |
|
(c) |
Employer’s contribution to PF: 8% of (a) and (b) |
|
(d) |
Employer’s contribution to ESI: 2 ½% of (a) and (b) |
|
(e) |
Pro rata expenditure on amenities to labour: Rs 35 per head per month |
|
(f) |
Number of working hours in a month: 200 |