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labour

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › labour

  • This topic has 5 replies, 2 voices, and was last updated 8 years ago by John Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • October 21, 2016 at 2:08 pm #345460
    yashvin06
    Member
    • Topics: 2
    • Replies: 6
    • ☆

    A plc engineering components. The company has been manufacturing 6000 components per week , with six direct employees working a 40- hour week,at a basic wage of $4.00 per hour. Each worker operates independently.A new remuneration scheme is being introduced.Each employees will receive payment on the following basis :

    First 800 components per week 16 cents per unit
    Next 200 components per week 17 cents per unit
    All additional components per week 18 cents per unit

    Question 23 The average labour unit using existing remuneration scheme is :
    A$1.06
    B$0.24
    C$0.20
    D$0.16

    =960\6000
    =$0.16

    Question 24 The wage per employee using the new remuneration scheme is :
    A$140
    B$160
    C$180
    D$200

    first (800*0.16)
    next (200*0.17) additional(500*0.18) total 1062\6 =$177

    October 21, 2016 at 2:11 pm #345461
    yashvin06
    Member
    • Topics: 2
    • Replies: 6
    • ☆

    question 24 help pls

    October 21, 2016 at 5:37 pm #345486
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    You do not say what help you want!!!

    With regard to question 24, you do not say which book you are referring to and whether the answer you have typed is your answer or the answer in the book!

    On the information as you have typed it then the answer you have typed does not make sense. Check if the question does say that there are 6 employees, because your answer has calculated as though there were 4 employees.

    October 22, 2016 at 6:02 am #345529
    yashvin06
    Member
    • Topics: 2
    • Replies: 6
    • ☆

    yep sorry the working is mine its not from any book!
    finally i got the answer 6000*0.18=1080\6 =180 my problem is where is the pitfall in the question?why my working mentioned above is not good?

    October 22, 2016 at 9:44 am #345546
    yashvin06
    Member
    • Topics: 2
    • Replies: 6
    • ☆

    my working for question 24 (800*0.16) +(200*0.17)+ (500*0.18) =1062\6 =$177
    why answer is 6000*0.18=1080\6 =180 ??cant understand

    October 22, 2016 at 10:19 am #345555
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54701
    • ☆☆☆☆☆

    Neither answer is correct! Which book are you using (and I don’t understand why you have only now found the answer in the book) ?

    Your workings are wrong, because you have calculated as though each employee is producing 1,500 units. If there are 6,000 units a week and therefore 6 employees, then that would suggest 1,000 units each – not 1,500.

    However that would be wrong anyway because the question suggests that the wages are based on the total and so it should be ((800 x 0.16) + (200 x 0.17) + (5,000 x 0.18) ) / 6
    (which is I guess what you meant to type as your workings in the first place, but you didn’t!! However, it does mean that you final answer appears to be correct.)

    Again, which book are you using?

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Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘labour’ is closed to new replies.

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