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Salaries Calculation.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Salaries Calculation.

  • This topic has 3 replies, 2 voices, and was last updated 14 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • May 14, 2011 at 12:41 pm #46248
    vedavyas
    Member
    • Topics: 44
    • Replies: 60
    • ☆☆

    This is a doubt from the BPP revision Kit, Q9 page 10, answer 9 page 80-82.
    How have they arrived at the salary figure of 26.25 ?
    My calculation was 38000/employee x 9 employees 12 months = 37.80

    May 21, 2011 at 1:28 pm #71661
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54757
    • ☆☆☆☆☆

    The average salary is 35000 (not 38000)
    So the cost per month is (35000/12) x 9 employees = 26250 per month

    May 26, 2011 at 6:02 am #71662
    vedavyas
    Member
    • Topics: 44
    • Replies: 60
    • ☆☆

    Ohh okay okay , now that I read it again I realise my question was really awful.
    Thank You very much for your time and help.

    May 29, 2011 at 4:09 pm #71663
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54757
    • ☆☆☆☆☆

    You are welcome.

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