Hi sir,
I don't quite understand why when calculating salaries the cost should be divided by 2. Could you help explain this please?
Thank you so much.
Ask the Tutor ACCA PM
Newtown School (6/13 exam)
It is because the pay his of 2% will be given half way through the year. The year ends on 31 May and the pay rise is on 1 December.
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