A factory owner employed 100 workers during the month of April. The following are the details of expenditure.

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written 7.2 years ago by

ishandaftardar • 170

modified 4.9 years ago by

prashantsaini • 0

Cost of Material Rs. 40000, Rate of wages per worker is Rs. 2 per hour for normal duty and Rs.4 per hour for overtime duty, Man hour per day of normal duty is 8 hour, No. of holidays per month without wages is 5 days, total overhead expenses is Rs. 10000. The workers are paid overtime for 300 hours. Calculate the total cost per month.

industrial engineering and management

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written 6.1 years ago by

ishandaftardar • 170

Given Data:

Total No of Workers = 100

Cost of Material= Rs 40,000

Overhead Cost = Rs 10,000

Wage Rate (Normal duty) = Rs 2/hr

Wage Rate (Overtime duty) = Rs 4/hr

Normal duty hours = 8 hrs/day

Number of holidays per month = 5 days

Number of overtime hours …

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