Overheads (150% of Direct Wages)
20.25
18.00
Factory Coat
41.75
38.00
36.13
son 17
om the particulars given below, prepare labour cost per man, day of 8 hours:
la) Basic Wages - 2 per day
b) DA - 25 paise per point over 100.
Cost of living index. Current cost of living index is 700 points
c) Leave Wages - 10% of Basic Wages and DA
d) Employer's contribution to PF - 8% of Basic Wages, D.A. and Leave Wages.
e) Employer's contribution to State Insurance - 2.5% of Basic Wages, D.A. and Leave Wages
6 Expenditure on amenities to labour - 20 per head p.m.
b) No of working days in a month -25 days of 8 hours each (B.Com. III. M.D.
Statement of Labour Cost
Rate
Amount per Meath of Per day R
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