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- This topic has 6 replies, 3 voices, and was last updated 9 years ago by Ken Garrett.
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- May 13, 2015 at 10:41 pm #245810
For purchasing staff time, can someone explain to me why it is 8.5/5 × $32000p.a ?
ThanksMay 14, 2015 at 10:13 am #245912Annual salary for a 5 day week = 32,000
8.5 days per week are taken up with handling deliver queries (eg 1 person for 5 days/week and another for 3.5 days per week).
Annual cost of delivery queries = 32,000 x 8.5/5
May 21, 2015 at 6:24 pm #247755Got it, thanks.
May 27, 2015 at 8:21 am #249454Where in the question does it hint that (a) should be calculated per annum?
Thanks
JemmaMay 27, 2015 at 9:23 am #249501It says ‘assess the financial impact’ so you have to think what sort of calculation might be helpful for that.
You could do it per week or per month if you thought that was better.
May 27, 2015 at 9:40 am #249505Ok I did the full project of the 8 years but if I divided my figure for the 8 I would have got the same. Would I still get some marks?
So in the exam would be best to do it per year but if for example the scenario said that managers met per month or per quarter to assess the performance it would be logical for us to assess it on this basis?
Thanks
jemmaMay 27, 2015 at 9:27 pm #249704It depends on the question. I suppose you could be asked to consider a project over several years. Do what seems most sensible to you.
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