Calculation of earnings of workers and their allocation to jobs: Calculate the earnings of A and B from the following particulars for a month and allocate the labour cost to each job X, Y and Z:
|
A |
B |
|
|
(a) Basic wages |
Rs 100 |
Rs 160 |
|
(b) DA |
50% |
50% |
|
(c) Contribution to PF (on basic wages) |
8% |
8% |
|
(d) Contribution to ESI (on basic wages) |
2% |
2% |
|
(e) Overtime (hours) |
10 |
The normal working hours for the month are 200. Overtime is paid at double the total of normal wages and DA. Employer’s contributions to state insurance and PF are at equal rates with employees’ contributions. The two workers were employed on jobs X, Y and Z in the following proportions:
|
B |
||
|
(a)Basic wages |
Rs 100 |
Rs 160 |
|
|
(b)DA |
50% |
50% |
|
|
(c) contribution to PF(on basic wages) |
8% |
8% |
|
|
(d)Contribution to ESI (on basic wages) |
2% |
2% |
|
|
(e)Overtime (hours) |
10 |
Overtime was done on job Y.