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Labour cost

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Labour cost

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.
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  • Author
    Posts
  • September 27, 2022 at 1:37 am #667261
    teshwar
    Participant
    • Topics: 46
    • Replies: 30
    • ☆☆

    Sir John please assist, this is a question came in my friend’s FMA exam which he took recently.

    Production hours 456
    Training hours. 18
    Idle time 24

    Total hours. 498

    Production labour rate $8 and overtime rate $2

    Training and idle time at general production requirement

    What is total indirect cost?

    September 27, 2022 at 7:41 am #667271
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54748
    • ☆☆☆☆☆

    Your friend cannot have remembered the question correctly, because as you have typed it it is not complete (there is nothing to indicate how many hours are overtime hours).

    There is no point in attempting questions for which you do not have an answer. You should just be attempting questions in your Revision Kit from one of the ACCA Approved Publishers.

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