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Chapter 6 – Acccounting for Labour

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Chapter 6 – Acccounting for Labour

  • This topic has 3 replies, 2 voices, and was last updated 12 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 2, 2014 at 12:59 pm #161256
    maas
    Member
    • Topics: 14
    • Replies: 14
    • ☆

    Dear Sir,

    Kindly refer Q5 (page 44)

    My answer,

    Actual hours spend per unit = 11000/25000=0.44 hr
    efficiency ratio = 8000/20000 x 0.44 = 0.909 x 100% = 90.9%

    Is this calculation wrong? please advise.

    March 2, 2014 at 1:40 pm #161260
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    Your answer is correct (the answers are at the back of the course notes).

    You have done it a different way, but that doesn’t matter.

    March 2, 2014 at 9:18 pm #161299
    maas
    Member
    • Topics: 14
    • Replies: 14
    • ☆

    Thank you so much…. so sorry for repeating the same question….. It was my mistake.

    March 3, 2014 at 4:26 am #161305
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
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