The Amber is a product made by Howells Ltd. The following data applies to its production: In one standard hour, 5 units of Amber should be made (i.e. one Amber every 12 minutes). Actual production for the period was 250 units. Actual hours worked to achieve this production = 40 hours. The basic rate of pay = $12/hour. A bonus of 60% of the basic rate of pay is earned for every one hour of
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The Amber is a product made by Howells Ltd. The following data applies to its production: In one standard hour, 5 units of Amber should be made (i.e. one Amber every 12 minutes). Actual production for the period was 250 units. Actual hours worked to achieve this production = 40 hours. The basic rate of pay = $12/hour. A bonus of 60% of the basic rate of pay is earned for every one hour of production time saved through efficient production.
What is the labour cost for making 250 Amber units?
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a) $600
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b) $672
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c) $552
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d) $480
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- Sabre plc produces one product, the Delta. In one standard hour, 6 units of Delta should be made (i.e. one Delta every 10 minutes). Actual production for the period was 360 units. Actual hours worked to achieve this production amounted to 50 hours. The basic rate of pay is £14/hour. A bonus of 50% of the basic rate of pay is earned for every hour of production time saved. What is the labour cost for making 360 units of Delta? a) £840 b) £1,050 c) £770 d) £910Jamlee Investment Ltd is planning to make 120,000 units per period of a new product. The following standards have been set: Per Unit Direct Material A 1.2 kgs at K11 per kg Direct Material B 4.7 kg at K6 per Kg Direct Labour: Operation 1 42 minutes Operation 2 37 minutes Operation 3 11 minutes Overheads are absorbed at the rate of k30 per labour hour. All direct operatives are paid at the rate of K8 per hour. Actual results for the period were: Production…Jamlee Investment Ltd is planning to make 120,000 units per period of a new product. The following standards have been set: Per Unit Direct Material A 1.2 kgs at K11 per kg Direct Material B 4.7 kg at K6 per Kg Direct Labour: Operation 1 42 minutes Operation 2 37 minutes Operation 3 11 minutes Overheads are absorbed at the rate of k30 per labour hour. All direct operatives are paid at the rate of K8 per hour. Actual results for the period were: Production…
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