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Post Info TOPIC: bonuses-labour costs corrected with illustration
rafapak


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bonuses-labour costs corrected with illustration
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I would like to say thank you to people who responded to my earlier thread. I am sorry I haven't presented full exercise content so that people had troubles to figure out what I meant . Now I attached illustration so that you guys can see full instructions for the exercise. Please, if you have some time have a look at the exercise . Maybe this time it will be easier for you to interpret what the author meant in this exercise. This exercise is called Tristan Ltd. I also included illustration with solution because although I have numbers I still don't get how they arrived at bonus payable numbers.  



-- Edited by rafapak on Sunday 16th of February 2020 04:56:52 PM



-- Edited by rafapak on Sunday 16th of February 2020 05:07:50 PM

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Leger


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Ah, so I was right biggrin

Expected units per hour is 24 so on Monday it would be 24 x 7.5 = 180

11 extra units were produced that day so it is 11/24 = 0.4533 x £4.25 = £1.947

 

Got to admit that reading the question it still wasn't clear until I saw the answer.



-- Edited by Leger on Sunday 16th of February 2020 05:50:25 PM

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Artois


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And I stand corrected biggrin



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Doug

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rafapak


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thanks Ledger for showing how they arrived at bonus numbers

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Casu


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Careful in other such questions, as different wording/re-phrasing is meant to trip you up, so that you learn to dig deaper. As Joanne says, go back to your costing module and take care over the wording for direct and indirect labour. ALWAYS pop the question on, rather than your interpretation of it so we get full information. Glad you got it sorted.

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