Question

22. From the following calculate the total monthly remuneration of each of the three workers A, B & C.
(i) Standard production per month per worker
1000 units.
(ii) Actual production during a month - A: 850 units, B : 720 units, C: 960 units.
(iii) Piece work rate per unit of actual production 20 paise.
(iv) Dearness wages 50 per month (fixed).
(v) House rent allowance 20 per month (fixed).
(vi) Additional production bonus at the rate of 5 for each percentage of actual production exceeding 80% of
the standard.
[1984]​

Answer 1

ANSWER :

• ❖ Total monthly remuneration of worker A is Rs. 265

• ❖ Total monthly remuneration of worker A is Rs. 214

• ❖ Total monthly remuneration of worker A is Rs. 342

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SOLUTION :

❒ Given :-

• Standard production per month per worker = 1000 units.

• Actual production during a month : A - 850 units, B - 720 units and C - 960 units.

• Piece work rate per unit of actual production = 20 paise.

• Dearness wages Rs. 50 per month (fixed).

• House rent allowance Rs. 20 per month (fixed).

• Additional production bonus at the rate of Rs. 5 for each percentage of actual production exceeding 80% of the standard.

❒ To Calculate :-

• Total monthly remuneration of worker A = ?

• Total monthly remuneration of worker B = ?

• Total monthly remuneration of worker C = ?

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❒ Calculation of Total monthly remuneration of worker A :-

It is given that,

• Standard production = 1000 units

• Actual production of A = 850 units

∴ Percentage attained = $\sf{ \bigg(\dfrac{850 \times 100}{1000} \bigg )\%}$

➨ Percentage attained = 85%

Here,

• Piece work rate per unit of actual production is 20 paise, i.e., Rs. 0.20

So,

• ★ Piece work wage of A = Rs. 0.20 × Actual Production of A

➜ Piece work wage of A = Rs. (0.20 × 850)

➜ Piece work wage of A = Rs. 170

Again,

• Additional production bonus at the rate of Rs. 5 for each percentage of actual production exceeding 80% of the standard.

Here,

• ✠ Percentage above 80% = Actual Production Percentage of A - 80%

➨ Percentage above 80% = 85% - 80%

➨ Percentage above 80% = 5%

So,

• ★ Additional production bonus of A = Rs. 5 × Percentage above 80%

➜ Additional production bonus of A = Rs. (5 × 5)

➜ Additional production bonus of A = Rs. 25

And,

• ★ Fixed dearness wage of A per month = Rs. 50

• ★ Fixed rent allowance of A per month = Rs. 20

Now,

• ✪ Total monthly remuneration of A = Piece work wage of A + Additional production bonus of A + Dearness wage of A + Rent allowance of A

⇒ Total monthly remuneration of A = Rs. 170 + Rs. 25 + Rs. 50 + Rs. 20

∴ Total monthly remuneration of A = Rs. 265

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❒ Calculation of Total monthly remuneration of worker B :-

It is given that,

• Standard production = 1000 units

• Actual production of B = 720 units

∴ Percentage attained = $\sf{ \bigg(\dfrac{720 \times 100}{1000} \bigg )\%}$

➨ Percentage attained = 72%

Here,

• Piece work rate per unit of actual production is 20 paise, i.e., Rs. 0.20

So,

• ★ Piece work wage of B = Rs. 0.20 × Actual Production of B

➜ Piece work wage of B = Rs. (0.20 × 720)

➜ Piece work wage of B = Rs. 144

Again,

• Additional production bonus at the rate of Rs. 5 for each percentage of actual production exceeding 80% of the standard.

Here,

• ✠ Actual production percentage of B is 72% which is less than 80%. So, no Additional production bonus will be given to worker B.

And,

• ★ Fixed dearness wage of B per month = Rs. 50

• ★ Fixed rent allowance of B per month = Rs. 20

Now,

• ✪ Total monthly remuneration of B = Piece work wage of B + Dearness wage of B + Rent allowance of B

⇒ Total monthly remuneration of B = Rs. 144 + Rs. 50 + Rs. 20

∴ Total monthly remuneration of B = Rs. 214

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❒ Calculation of Total monthly remuneration of worker C :-

It is given that,

• Standard production = 1000 units

• Actual production of C = 960 units

∴ Percentage attained = $\sf{ \bigg(\dfrac{960 \times 100}{1000} \bigg )\%}$

➨ Percentage attained = 96%

Here,

• Piece work rate per unit of actual production is 20 paise, i.e., Rs. 0.20

So,

• ★ Piece work wage of C = Rs. 0.20 × Actual Production of C

➜ Piece work wage of C = Rs. (0.20 × 960)

➜ Piece work wage of C = Rs. 192

Again,

• Additional production bonus at the rate of Rs. 5 for each percentage of actual production exceeding 80% of the standard.

Here,

• ✠ Percentage above 80% = Actual Production Percentage of C - 80%

➨ Percentage above 80% = 96% - 80%

➨ Percentage above 80% = 16%

So,

• ★ Additional production bonus of C = Rs. 5 × Percentage above 80%

➜ Additional production bonus of C = Rs. (5 × 16)

➜ Additional production bonus of C = Rs. 80

And,

• ★ Fixed dearness wage of C per month = Rs. 50

• ★ Fixed rent allowance of C per month = Rs. 20

Now,

• ✪ Total monthly remuneration of C = Piece work wage of C + Additional production bonus of C + Dearness wage of C + Rent allowance of C

⇒ Total monthly remuneration of C = Rs. 192 + Rs. 80 + Rs. 50 + Rs. 20

∴ Total monthly remuneration of C = Rs. 342