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Problem 1: A company employs 100 direct workers in the factory, who are paid a basic rate of $5 per hour for a 35 hour week. In addition to working their normal hours last month, each worker was asked to work an additional 5 hours overtime per week to meet general production requirements. All overtime hours are paid at time and a half. As a result of some faulty material, 150 hours of direct labour time were registered as idle. What is the indirect labour cost for last month, assuming a 4 week period?
Financial Statement Analysis and Preparation
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This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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