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unskilled labour cost

This topic has 5 replies, 3 voices, and was last updated 10 years ago by John Moffat.

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August 9, 2014 at 9:12 am #188831
superwomen
Participant
- Topics: 16
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Sales (units) : 2000 (Aple) , 4500(Bola)
Production (units) : 1750 (Aple) , 5000 (Bola)
Labour :
Skilled at $10/hrs : 2hrs/unit (Aple) , 2hrs /unit (Bola)
Unskilled at $7/hrs : 3hrs /unit (Ape) , 4hrs /unit (Bola)
what is the budget cost for unskilled labour for the period? Answer is $176,750 ??
August 9, 2014 at 9:14 am #188833
John Moffat
Keymaster
- Topics: 57
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Yes – $176750 is correct.
August 9, 2014 at 9:15 am #188835
superwomen
Participant
- Topics: 16
- Replies: 20
Thanks 🙂 🙂 🙂
August 9, 2014 at 9:19 am #188837
John Moffat
Keymaster
- Topics: 57
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You are welcome 🙂
August 21, 2014 at 1:51 pm #191778
tarcy
Member
- Topics: 3
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May you please explain how to arrive at that figure $176750
August 21, 2014 at 1:56 pm #191782
John Moffat
Keymaster
- Topics: 57
- Replies: 54479
For each product, multiply the production units by the unskilled hours required.
Add them up, and then multiply by the rate per hour 🙂
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