A worker receives the following monthly earnings: Basic Pay:12,000 per month Dearness Allowance (D.A.):4,000 per month Fringe Benefits:1,500 per…
CA Intermediate · Cost and Management Accounting · MTP · January 2026
A worker receives the following monthly earnings: Basic Pay:12,000 per month Dearness Allowance (D.A.):4,000 per month Fringe Benefits:1,500 per month There are 305 working days in a year, of which 25 days are paid holidays. Assume 8 working hours per day. What is the employee hour rate?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
₹ 93.75 per hour
Topics: Employee Cost & Direct Expenses
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