The following particulars of Soni & Co. relate to the year ending 31st March, 2011 for 30 workers :
Rs |
|
Basic wages |
50,000 |
Dearness allowance |
25,000 |
Night shift allowance |
9,600 |
Overtime allowance |
7,000 |
PF deposit |
12,000 |
ESI contribution |
2,808 |
Recovery towards house rent |
10,200 |
Recoveries against supply of goods |
16,000 |
Expenditure for employees‘ amenities |
4,730 |
PF is paid in equal share by the employer and employee. Contribution to ESI is in proportion of 7:5 by the employer and employee respectively. The workers are entitled to 5% of the total days worked as leave on full pay. The number of days worked in a year is 300. Normal idle time is 5%. Assuming that all the items are evenly spread over all the days in a year find out total wages, total cash payment to workers and per hour per labour wages. The daily working hours are 8.