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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Overtime premium

  • This topic has 5 replies, 2 voices, and was last updated 6 years ago by AvatarJohn Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • February 21, 2020 at 6:39 am #562560
    Avatarakaniro
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    Diamond Co employs two types of labour: skilled workers, considered to be direct workers and semi- skilled workers considered to be indirect workers. Skilled workers are paid $20 per hour and semi-skilled $10 per hour.
    The skilled workers have worked 20 hours overtime this week, 12 hours on specific orders & 8 hours on general overtime. Overtime is paid at a rate of time and a quarter.
    The semi- skilled workers have worked 30 hours overtime, 20 hours for a specific order at a customer’s request and the rest for general purposes. Overtime again is paid at time and a quarter.
    What would be the total overtime pay considered to be a direct cost for the week?

    February 21, 2020 at 6:55 am #562565
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    Please do not simply type out full questions and expect to be provided with a full answer.
    You must have an answer in the same book in which you found the question, so ask about whatever it is in the answer that you are not clear about and then I will explain.

    Have you watched my free lectures on labour? The lectures are a complete free course for Paper MA and cover everything needed to be able to pass the exam well.

    February 21, 2020 at 9:06 am #562585
    Avatarakaniro
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    Thanks for the guide. I need to know how the basic pay and premium for the skilled workers were estimated. Thank you

    February 21, 2020 at 9:07 am #562586
    Avatarakaniro
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    Secondly how can I get your videos? I would appreciate if u can give me a link. Thank you

    February 21, 2020 at 9:17 am #562589
    Avatarakaniro
    Participant
    • Topics: 1
    • Replies: 4
    • ☆

    Or the free lectures

    February 21, 2020 at 4:12 pm #562639
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    Click on ‘ACCA’ in the top bar and then click on ‘MA’.

    You will get the main Paper MA page which has links to all of our free resources.

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

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