Get premium membership and access questions with answers, video lessons as well as revision papers.

Simon worked 360 hours during the month of June 2012 and he was paid at the rate of Ksh 200 per hour. During the month...

      

Simon worked 360 hours during the month of June 2012 and he was paid at the rate of Ksh 200 per hour. During the month he completed three jobs. The following additional information was provided.

sim117420191037.png

Calculate the labour cost chargeable to these three jobs on the assumption that these jobs were completed only by Simon.

  

Answers


Wilfred
Total wages of Simon = 360 hrs x shs 200 = shs 72000
Proportion of time for three jobs
A: B: C=160: 120: 80 OR 4: 3: 4

Therefore labour cost is apportioned as per these proportions.
Job A = shs 72000 x 4/9 = shs 800
” B = shs 72000 x 3/9 = shs 600
” C = shs 72000 x 2/9 = shs 400
Wilfykil answered the question on April 17, 2019 at 07:40


Next: Give two advantages and three disadvantages of hand sewing machines in clothing construction
Previous: Give the meaning of the following terms: (i) Stay stitching (ii) Under stitching (iii) Top stitching

View More Cost Accounting Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions