PCR december 2008 task 1.2e

lucy1988

Hi,

Can anyone tell me how you get the Hours required figure for question 1.2 e?

It says number of units 550,000
Minutes each 12.0
Hours required 110,000

Im not sure how they get 110,000?

Thanks

lork

If one unit takes 12 minutes, then they can do 5 per hour (60 mins / 12 mins)

550,000 units / 5 per hour = 110,000 hours

lucy1988

Do you know how you get the figures for task 1.3 c?

£ per unit, margin per unit, and margin %?

Thanks

Marg22

Lucy

1.1c You take production quantity from 1.1b which is 393,000.

Material cost £1,650,600/393,000 unit produced = £4.20 each

1.1b Opening stock 4,000 units From operating statement
Produced 393,000 units Missing figure
closing stock (15,000) units From operating statement
Sold 382,000 units From operating statement

As you can see most of the information is on the operating statement, so you have to work out the missing figure.

Hope this helps

Marg