A firms basic rate is 8 per hour and overtime rates are time and a half for
Question:
A firm’s basic rate is £8 per hour and overtime rates are time and a half for evenings and double time for weekends. The following details have been recorded on three jobs.
You are required to calculate the labour cost chargeable to each of the jobs in the following circumstances:
a. Where overtime is worked occasionally to meet production requirements.
b. Where the overtime is worked at the customer’s request to bring forward the delivery time.
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Step by Step Answer:
a Where overtime is worked occasionally it would be normal cost ...View the full answer
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Somshukla Chakraborty
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