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Accounting for labour

This topic has 2 replies, 3 voices, and was last updated 9 years ago by Mohamed ahmed jama.

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November 12, 2016 at 2:54 pm #348601
Xinxin Lee
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A job is budgeted to require 3300 productive hours after incurring 25% idle time. if the total labour cost budgeted for the job is $36300, the labour cost per hour is $________.
November 12, 2016 at 3:22 pm #348603
rughani
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3300*100/75= 4400 36300/4400 = 8.25
November 12, 2016 at 4:15 pm #348622
Mohamed ahmed jama
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If I assume the question of that is:-
3300/0.75=2475 that is the actual worked hours =4400
Budgeted labor cost/Actual time worked
36300/4400=8.25
Mohamed Ahmed Jama
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