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A company had 80 direct production workers at the beginning of last year and 60 direct production workers
at the end of last year. During the year a total of 45 employees had left the company.
The labour turnover rate for last year was:
A 21.4%
B 35.7%
C 64.3%
D 75.0%sir, i did not understand how u got option B as answer ?
2.budgeted production in factory for next period is 4800 units. each unit requires five labour hours to make. labour is paid 10 per hour. Idle time represents 20% of the total labour time.
what is the budgeted total labour cost for the next period?
can u plz answer this with full processBudgeted and actual production data for the year that has just ended are as follows.
Product Budgeted production Actual production
Units Standard machine hours Units
W 15,000 3,000 12,000
X 20,000 8,000 25,000
Y 14,000 7,000 16,000
Z 6,000 9,000 5,000
Total machine hours worked in the period amounted to 29,000 hours.
sir, i this question we are given list of standard hours.. but why these hours used as budgeted and we have to calculate standard hours??Question 1:
There is not enough information in the question (we need to be told how many workers there were at the end of the year)
Question 2:
Hours needed for production = 5 x 4800 = 24000
SInce 20% of hours paid are idle, it means paying for 24,000 x 100/80 = 30,000 hours
Cost if $10 per hour, so total of $300,000
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