Dear Sir,
We are operating a Security Agency, Please suggest us how
to calculate holidays & Overtime duty, where we take 12
hrs, duty from guards in place of 08 hrs. duty.
Please suggest us how to calculate.
thanking you,
suman
Answer / ameet narayankhedkar
If a guard is being paid Rs.5000/- per month (30 days), then
divide the same for 1 single day, and then that single day
should be divided per hour, this will give you the exact
picture.
Ex: 5000/30 = 166.67 is per day, and per hour will be
166.67/8 = 20.83. Ifthis is per hour, then multiply the
same for 12 hours i.e., 20.83*12=249.96 simple.
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1.Closing Inventory consists of 1,100 units. What would be the cost of Closing Inventory under FIFO and LIFO methods? Opening Inventory 1000 units @ $ 10 $ 10,000 Purchase (1) 800 units @ $ 11 $ 8,800 Purchase (2) 500 units @ $ 14 $ 7,000 Purchase (3) 400 units @ $ 12 $ 4,800 Purchase (4) 300 units @ $ 13 $ 3,900 ------------ ----------- Totals 3000 units $ 34,500 ======= ======
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