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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Labour cost
Sir John please assist, this is a question came in my friend’s FMA exam which he took recently.
Production hours 456
Training hours. 18
Idle time 24
Total hours. 498
Production labour rate $8 and overtime rate $2
Training and idle time at general production requirement
What is total indirect cost?
Your friend cannot have remembered the question correctly, because as you have typed it it is not complete (there is nothing to indicate how many hours are overtime hours).
There is no point in attempting questions for which you do not have an answer. You should just be attempting questions in your Revision Kit from one of the ACCA Approved Publishers.