Exam based problems and answers of Accounting for Labour are the BEST collection for sure shot success in the examination.
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PROBLEMS AND ANSWERS OF ACCOUNTING FOR LABOUR |
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 1
The weekly working hours in a factory is 50 hours and a worker works 50 weeks during a year. The hourly output is 10 units. The wage rate per unit is Rs 10.
Required: (a) Produced units; (b) Wages payable to a worker for a year by using a piece rate system.
[Answer: Output = 25,000 units; Wages = Rs 250,000]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 2
The standard output per hour is 5 units. The piece rate is Rs 6 per unit and the worker worked 200 hours in a month.
Required: Monthly wage amount of the worker
[Answer: Output = 1,000 units; Wages = Rs 6,000]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 3
The weekly working hours in a factory is 48 hours and a worker works 40 weeks, on average, during a year. The wage rate per unit is 10 and production units per hour are 20 units.
Required: (a) Produced units; (b) Wage payable to a worker for a year by using piece-rate system.
[Answer: Output = 38,400 units; Wages = Rs 384,000]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 4
In a factory, the standard weekly working hours of a worker is 42 hours and the standard output per hour is 5 units. The rate is fixed at Rs 6 per unit. The worker worked 40 weeks.
Required: (a) Annual produced units; (b) Annual wage amount for the worker under piece-rate system
[Answer: Produced units = 8,400 units; Total wages = Rs 50,400]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 5
The standard output in a day of eight hours is 48 units. The piece rate is Rs 3. A and B worked for 100 and 90 hours respectively.
Required: Monthly produced units and earnings of A and B
[Answer: Monthly units: A = 600 units; B = 540 units;
Monthly wages: A = Rs 1,800; B = Rs 1,620]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 6
Following information is provided in respect of wages:
The time allowed for 10 units of output 1 hour
Hourly rate Rs 40 per hour
Product per day: Maila 55 units and Kanchha 62 units
Required: Wage payable to Maila and Kanchha for one day by using the piece rate system.
[Answer: Wages: Maila = Rs 220; Kanchha = Rs 248;
*Wages rate per unit (Rs 40 ÷ 10 units) = Rs 4
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Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 7
A worker engaged in a factory worked 60 hours a week. The working hours per week are 48 hours and the standard wage rate is Rs 20 per hour. The overtime wage rate is Rs 15 per hour, which is 75% of the standard rate.
Required: Total wages earned by the worker for one week
[Answer: Total wage = Rs 1,140;
*Overtime (60 – 48) = 12 hours]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 8
The standard time allowed for one unit of output is 15 minutes. The hourly wage rate is Rs 40 per hour. A worker produced 28 units in a day.
Required: Total earning of the worker
[Answer: Total wages = Rs 280;
*Worked hours (0.25 x 28) = 7 hours]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 9
The time allowed for 10 units of output is one hour. The rate per hour is fixed at Rs 50. Kamal produced 1,000 units during the month.
Required: Earning of Kamal for the month
[Answer: Wages = Rs 5,000;
* Worked time = 100 hours]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 10
The time allowed for 1 unit of output is 20 minutes. The hourly wage rate is Rs 180 per hour. A worker produced 10 units.
Required: Total earning by the worker
[Answer: Wages: = Rs 600;*Worked hours (200m ÷ 60m) = 3⅓hours]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 11
Extracted data are taken from a contractor:
Wage rate per day (of 8 hours) Rs 180
Average working days in a month 25 days
Required: (1) Total wages during a month; (2) Wage rate per hour
[Answer: (1) Rs 4,500; (2) Rs 22.50]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 12
AK Manufacturing Company provides you with the following information:
The standard time allowed 50 hours per week
The worker worked 60 hours per week
Wage rate per hour Rs 55
Allowance for overtime Rs 40 per hour
Required: Total earning of the worker
[Answer: Total wage = Rs 3,150;
*Overtime (60 – 50) = 10 hours]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 13
The following information of a manufacturing enterprise is provided to you:
Normal weekly working hours for 6 working days |
48 hours |
Normal wage rate per hour |
Rs 40 |
Overtime rate per hour |
1.5 time of normal wage rate |
The time card of a worker shows the following entries of his attendance for the month of January:
Weeks |
First |
Second |
Third |
Fourth |
Hours worked |
55 |
48 |
60 |
56 |
Required: Wages earned by the worker for the month
[Answer: Total wage = Rs 9,300;
*Overtime (219 – 192) = 27 hours]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 14
The pay roll sheet of worker Manoj has the following working hours:
Days in week |
Sun |
Mon |
Tue |
Wed |
Thu |
Fri |
Sat |
Worked hours |
– |
10 |
8 |
9 |
11 |
12 |
7 |
Wages rate per hour is Rs 30. Daily working hours are 8 hours. Overtime is paid 1.5 times of normal wage.
Required: (a) Total wages during a week; (b) Wage rate per hour including overtime
[Answer: (a) Rs 1,890; (b) Rs 33.16]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 15
The following information of BC Manufacturing Company is given to you:
Normal wage rate per hour |
Rs 60 |
|
Normal time allowed per units |
30 seconds (0.5 minute) |
|
Normal working hour per day |
8 hours |
|
Units produced during one day by worker A = 1,000 units and B = 1,200 units
Required: (a) Standard output per hour and per day; (b) Wages rate per unit of output;
(c) Wage earned by each worker
[Answer: (a) Standard output: Per hour = 120 units; Per day = 960 units;
(b) Wage rate per unit = Re 0.50; (c) Total wage: A = Rs 500; B = Rs 600]
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 16
Extracted data are taken from ABC Book Binders:
Standard time allowed for per unit |
10 minutes |
|
Wage rate per hour |
Rs 30 |
|
Units made by worker A during a month |
6,200 units |
|
Units made by worker B during a month |
5,000 units |
|
Required: Total wage earned by each worker
[Answer: A = Rs 31,000; B = Rs 25,000]
*Output per hour 6 units; WRPU = Rs 5
Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = Br = P = Birr = Currency of your country
PROBLEM: 17
The details contained in the job card of productive workers of a factory are as follows:
The time needed to produce one unit of output is 20 seconds
The standard ware rate per hour is Rs 54
The actual time spent by the worker in the job card is 140 hours in the last two weeks.
Required: (1) Units produced in 1 hour and in 140 hours; (2) Wage rate per unit
(3) Wage under piece rate system if the worker realizes actual output.
[Answer: (1) Output in 1 hour = 180 units; in 140 hour = 25,200 units;
(2) WRPU = Re 0.30; (3) Total wage = Rs 1,260; Total wage = Rs 7,560]
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