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It would be appreciated if you could recommend any good books or online training on this topic
I am doing it for work purposes
Say the average cost per technician is say R 100 and the labour GP is 60%, would it be correct in calculating the min labour rate as 100/(1-0.60) ?
Thanks for the reply.
The Fixed Costs is R 525,000 , The GP % is 60% . The Labour Sales breakeven is
R 825,000. The Available hours is 9 hours per day, but with lunch and tea breaks etc the max hrs available to work on a job is 8 hours. The number of technicians is 5
Please advise if you need any additional information for you to assist me
The subject is Management Accounting
thanks for letting me know. Please let me know which is the correct Forum to post my question as I am unsure which is the relevant forum. This is the first time I am using this forum
