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LABOUR COST

Forums › ACCA Forums › ACCA MA Management Accounting Forums › LABOUR COST

  • This topic has 2 replies, 2 voices, and was last updated 15 years ago by kalakola.
Viewing 3 posts - 1 through 3 (of 3 total)
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    Posts
  • June 12, 2010 at 2:48 pm #44645
    kalakola
    Member
    • Topics: 15
    • Replies: 6
    • ☆

    A firm of accounts charges its clients an hourly rate . senior staff are charge at TWICE the rate of junior staff . in a period the total amount to be charged to clients was $102340 and the chargeable staff hours were

    senior staff 440 hours
    junior staff 1260 hours

    WHAT IS THE HOURLY RATE TO BE CHARGED TI CLIENT FOR SENIOR STAFF
    TIME (TO THE NEAREST $)

    A. $48
    B.$ 120
    C. $96
    D. $60

    Don’t understand could someone explain
    any talented person interested to solve this question!!

    June 14, 2010 at 12:21 am #64005
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    its 96 perhaps. coz (440×2)+1260=2140 and then 102340/2140=47.82 or 48.
    so 1260×47.82 =60265 and 47.82×2 is 95.64 and 95.64×440 =42082. Now add 42082+60265= 102347. so correct answer is 95.64 or nearest figure is 96 for skilled labour. Hope its clear.

    June 14, 2010 at 3:20 pm #64006
    kalakola
    Member
    • Topics: 15
    • Replies: 6
    • ☆

    Great work dude . ya its understand
    thanssssss

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