limiting factor

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:30AM in AAT student discussion
contribution per unit £1.50<BR>each unit takes 1 hour 15 minutes<BR>what is the contribution per hour???<BR>i cant remember the correct way to work it out<BR><BR>ooooooooooooooooooh help please!!!!!

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    limiting factor

    I have worked it out at £1.50/1.25 hours = £1.20 per hour. This sounds right, but could anyone else help too as I am a little confused myself?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    limiting factor

    Calculation is to divide the contribution per unit by the amount oflimiting factor used in making one unit. In your example £1.50 divided by 1 hour 15 mins = £1.20 contribution per hour.<BR><BR>Graham Blott
  • System
    System Posts: 100,534 🤖 Admin 🤖
    limiting factor

    Wow that's a bid of an odd one but here goes<BR><BR>Unit cost £1.50 = 1 hour 15 minutes<BR>or unit cost £1.50 = 75 minutes<BR>so divide £1.50 by 75 = .02p per minute<BR>x .02p by 60 minutes = £1.20<BR>by my reckoning thats a contribution of £1.20 per hour<BR>hope thats right and helps, could well be another way of working it out!<BR>Good luck with the exam I'm dreading it<BR>cheers<BR>Anne
  • System
    System Posts: 100,534 🤖 Admin 🤖
    limiting factor

    Hi there,<BR><BR>My answer for contribution per hour is <BR><BR>1.5/1.25hr(1hr15min) =£1.2per hr<BR><BR>chaoliss
  • System
    System Posts: 100,534 🤖 Admin 🤖
    limiting factor

    thanks all.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    limiting factor

    Thats what i get too -i try to remember it as the "per" being a dividing sign : contribution/hours. <BR>So if it takes 1.25 hours to make a conribution of £ 1.50, one hour will make a contribution of £ 1.20.<BR>Hope this makes sense.<BR>All the best for later everyone<BR>Dee<BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    limiting factor

    limiting factor = contribution /time
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