From the following particulars, find the amount of cash required for payment of wages in a factory…

From the following particulars, find the amount of cash required for payment of wages in a factory for a particular month.

i. Wages for normal hours worked Rs.20, 500

ii. Wages for overtime Rs.2200

iii. Leave wages Rs.1700

iv. Deduction of employees’ share of State Insurance Corporation Rs.500

v. Employees’ contribution to Provident Fund Rs.1600

vi. House rent is to be recovered from 30 employees at the rate of Rs.10 per month.

 

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