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29th January 2022, 05:55 PM
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Calculate works cost for the given worker
Standard time taken to produce one unit is 48 seconds. Hourly rate is Rs. 150. In an 8 hours day a worker produced 700 units and additionally they will get DA @ 20% of piece wages and travelling allowance of Rs. 320. For a particular job material required for Rs. 2000 and factory overhead for Rs. 1000. 4x2=8 Calculate works cost for that worker.
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