Calculate total monthly remuneration of three workers


Question:

Calculate total monthly remuneration of three workers X, Y and Z from the following data:

(a) Standard production per month per worker - 1,000 units.

Actual production during the month
X - 850 units, Y - 750 units and Z - 950 units.

(b) Piece work rate Re. 1.00 per unit (actual production).

(c) Additional production bonus is 50 for each percentage of actual production exceeding 80% over standard (e.g., 79% nil, 80% nil, 81% - Rs.50, 82% - Rs.100 and so on).

(d) Dearness pay fixed 200 per month.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Calculate total monthly remuneration of three workers
Reference No:- TGS02049070

Expected delivery within 24 Hours