xyz ltd employs workers for a single shift of 8 hours for 25 days in a month the com 618398

XYZ Ltd employs workers for a single shift of 8 hours for 25 days in a month. The company has recently fixed the standard output for a mass production item and introduced an incentive scheme to boost the output. Details of wages payable to the workers are as follows:

1. Basic wages/piece-work wages @ Rs. 2 per unit subject to a guaranteed minimum wages of Rs. 60 per day.
2. DA at Rs. 40 per day.
3. Incentive bonus:

Standard output per day per worker : 40 units

Incentives bonus up to 80% efficiency : Nil

Incentives bonus for efficiency above 80% : Rs. 50 for every 1% increase above 80%

The details of performance of four workers for the month are as follows:

Calculate the total earnings of each of the workers