Question
manufacturing workers : normal work hours 3000 over work 200 vacation wages 500 fringe benefits 3000...
manufacturing workers :
normal work hours 3000
over work 200
vacation wages 500
fringe benefits 3000
(social payment)
employers contributions :
social security premium 20%
unemployment premium 2%
employees deductions :
social security premium 14%
unemployment premium 1%
income tax 20%
notes :
wages per hours = 20
over work premium 50% more
calculate direct labor cost
Homework Answers
Answer #1
Note:
Employees contribution is a deduction from the pay to employee by
employer. Same is the case with taxes. Thus these would not have
any impact on the Direct Labour cost.
Hope this answer helps. In case of any feedback , please comment
below. I will sure consider your feedbacks in my future answers to
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