12. Calculate the total earnings of the worker under Halsey-Weir Plan: Time allowed 35 hours Time Taken 30 hours Hourly Rate RO 15
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12. Calculate the total earnings of the worker under Halsey-Weir Plan:
Time allowed 35 hours
Time Taken 30 hours
Hourly Rate RO 15
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- PROBLEM 2. Calculate the earnings of A and B from the following particulars for a month and állocate the labour cost to each job X, Y and Z: A В Basic Wages $ 100 $ 160 D.A. 50% 50% 8% Contribution to P.F. (on basic wages) Contribution to E.S.I. (on basic wages) 8% 2% 2% 10 hrs. Overtime (for completion of job Y) The normal working hours for the month are 200. Overtime is paid at double the total of normal wages and D.A. Employer and employees have equal contribution to P.F. and E.S.I. The two workers were employed on jobs X, Y and Z in the following proportions : Jobs Y 40% 30% 30% Worker A 50% 20% 30% Worker BQ.2 From the following particulars ascertain the labour cost per day of 8 hours: 1.Basic pay $200..p.m.... 2. Leave pay 5%. 3.Employers contribution to PF 8% of first and second 4.Employer's contribution to ESI 2 1/2% of first and second: 5. Pro-rata amenities 17.95 per head p.m. 6. Working hours in a month 200 hours. Solution7. Information below relates to Salih and Yaakob for a week. Salih Description Hours worked 30 hours Unit produced (units) 160 Rate/hour Rate/unit Normal working hours 44 hours 52 hours RM4.50 RM1.50 You are required to calculate the gross wage earned by each worker if they were paid using; ii. Yaakob 55 hours 168 RM3.50 RM1.00 i. time rate method with overtime paid at a premium of 20 percent on hourly rate. iii. piecework method. Elaborate on any advantage of piecework remuneration method in comparison to time rate method.
- Rate per hour = $1.50 per hour Time allowed for job = 20 hours Time taken = 15 hours.Calculate the total earnings of the worker under the Halsey Plan. Also find out effective rate of earnings.Q3 From the following particulars find out labour cost per day of 8 hours 1.Basic pay 2 per day. 2.D.A. 0.25 per every point over 100 cost of living index, Current cost of living index is 700 points. 3.Leave pay 10% of 1st and 2nd. 4. Employer's contribution to PF 8% of 1st, 2nd and 3rd. 5.Employer's contribution to ESI 2.5% of 1st, 2nd and 3rd. 6.Pro-rata amenities 20 p.m. per head. 7.No.of working hours in a month = 25 days of S hours each.Q.2. From the following particulars ascertain the lábour cost per day of 8 hours: 1.Basic.pay 7200-p.m.... 2. Leave pay 5% 3.Employers contribution to PF 8% of first and second 4.Employer's contribution to ESI 2 1/2% of first and second; 5.Pro-rata amenities 17.95 per head p.m. 6.Working hours in a month 200 hours. Sofurtion
- Q.2. From the following particulars ascertain the lábour cost per day of 8. hours: 1. Basic.pay 7200-p.m., 2. Leave pay 5% 3. Employers contribution to PF 8% of first and second 4.Employer's contribution to ESI 2 1/2% of first and second; 5.Pro-rata amenities 17.95 per head p.m. 6.Working hours in a month 200 hours. SofuutionCalculate the standard labour hour rate for workmen of Grade lll from the following data: Basic pay $ 200 per mensem. $ 150 per mensem. $ 100 per mensem. D.A. Fringe benefits Number of working days per year 300 Leave Rules: 30 days P.L. with full pay 20 days S.L.with half pay. Usually, sick leave is fully availed of. What would be the labour cost per hour if no sick leave'is availed of during the year?COMPUTING OVERTI ME RATE OF PAY AND GROSS WEEKLY PAY Rebecca Huang receives a regular salary of 2,600 a month and is paid 1 times the regular hourly rate for hours worked in excess of 40 per week. (a) Calculate Huangs overtime rate of pay. (b) Calculate Huangs total gross weekly pay if she works 45 hours during the week.
- Standard time allowed for a job is 100 hours. Rate is $.2/- per hour Hours worked to complete the job: A 12 hours B 10 hours C 9 hours D 8 hours Calculate the total earnings and effective rate of earnings per hour under the Barth Variable sharing Plan.Exercises Compare the pay for the indicated period. 1. Yearly Job A $19,700 per year Job B $1806 per month 2. Ye: Jot Job3. In Ibra Manufacturing Company, employees are paid on the basis of time rate plus a bonus is also paid if the set amount of work is completed faster than the time allowed. Bonus is paid at the rate of 50% of time saved and time rate. The details of employees and their production are given below; Time allowed Actual Production (per week) 150 Name of Time Rate Per employee Humaid Hours worked (per week) 40 15 Min, each Hour 4.5 Sudeer 6 42 30 Min, each 100 Jabir Hussain Salem 32 20 Min, each 45 15 Min, each 5.5 120 5 180 4 45 30 Min, each 80 Calculate Total Basic Pay of each employee?
