Sandy you'll know this!

jewels.p
jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
On the June 09 MAC paper Task 2.2 a iv) It asks you to calculate the direct labour cost per hr.

I divided the Direct Labour Cost of £3,600,000 by Labours Hours worked which was 180. This gave me the answer of £20,000. But the answer is £20. Huh :confused:

I thought it might be I have put too many zeros but on the question before it asks you to calculate materials cost as a % of turnover. I did this as £6,750,000/£22,500,000 x 100 = 30%. This is correct according to the answers!

So should there be three zeros after the given figures or not?

Comments

  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    Look at the column heading. 180 is 180,000 hours
    or 180 thousand hours
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
  • blobbyh
    blobbyh Registered Posts: 2,415 Beyond epic contributor 🧙‍♂️
    * jewels smacks hand on forehead in a Simpsons moment *
  • jewels.p
    jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
    Duh!...........ok Blobby there you go (that's the right sound effect isn't it) :lol:

    Thanks Sandy I did know that I just wanted to see if you did! Shall I go back to Foundation Level and start all over again?.............. NO WAY!
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