What would monthly cost of operatives wages in the factory

Assignment Help Accounting Basics
Reference no: EM133143738

Question - Slip Heel Ltd manufactures two types of shoes in its factory. A typical monthly budget is as follows:

Shoe Type I

Monthly output 5,040 units Time per unit 24 minutes

Shoe Type II

10,560 units 36 minutes

Unavoidable non-productive time is 25% of productive time and is paid £9 per hour.

Operatives are paid £8 per unit of shoe type I produced and £14 per unit of shoe type II.

What would be the monthly cost of operatives' wages in the factory?

a) £93,960

b) £188,160

c) £206,952

d) £214,368

Reference no: EM133143738

Questions Cloud

Who advocated fixed pricing : 1. Who advocated fixed pricing? Explain briefly when it started.
What are the relevant internal costs for All-Alone : All-Alone will eliminate $25,000 of fixed overhead if it accepts the proposal. What are the relevant internal costs for All-Alone
Industry overview in canada : Required to provide an overview of the trucking industry in Canada, including key statistics that profile the industry's importance to the economy. Key statisti
Identify an ethically questionable behaviour : 1. Identify an ethically questionable behaviour or decision that you have encountered (preferably in your work or school life) you could pick an unethical behav
What would monthly cost of operatives wages in the factory : Unavoidable non-productive time is 25% of productive time and is paid £9 per hour. What would monthly cost of operatives wages in the factory
Write a cipher program to encrypt or decrypt the given text : Write a cipher program to encrypt or decrypt the given text message (`strings`). The cipher algorithm uses the pre-defined `key` and `rules` to convert
What is the process of creating a budget : What is the process of creating a budget? How is accounting related to your position as Director within a health care group practice
What amount should be accounted for in special revenue fund : Using information, what amount should be accounted for in a special revenue fund or funds - Equipment used for supplying electric power to residents $1,750,000
How much money will she have : Ximena received a gift of $69564 from her rich auntwhich she is investing at a rate of 3.1%. How much money will she have in 15 years

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd