Question

Calculate the normal and overtime wages payable to a workman
from the following data
Day Hours worked
8 hours
Monday
Tursday 10 hours
Wednesday
9
hours
Thursday
11 hours
Friday
9 hours
Saturday
4 hours
51 houn​

Answer 1

Answer:

Costing Profit and Loss Account. [School of Distance Education] Cost AccountingPage 38 Illustration 8: Calculate the normal and overtime wages payable to aworkman from the following data: Days Hours Worked Monday 8 hrs. Tuesday 10hrs. Wednesday 9 hrs. Thursday 11 hrs. Friday 9 hrs. Saturday 4 hrs. Total 51 hrs.Normal Working Hours 8 hours per day Normal rate Re.1 per hour Overtime rateup to 9 hours in a day at single rate and over 9 hours in a day at double rate; or upto 48 hours in a week at single rate and over 48 hours at double rate whichever ismore beneficial to the workman. Solution: Normal Wages for 44 hours @ Re.1Rs.44 Overtime Wages: At single rate for 4 hours @ Re.1 = Rs.4 At double rate for3 hours @ Rs.2 = Rs.6 Rs.10 Total Wages Rs.54 Or Normal Wages for 48 hours @