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6. Sara is a management accountant in an organization. She has been assigned the task of budgeting payroll costs for the next quarter. Payroll information

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6. Sara is a management accountant in an organization. She has been assigned the task of budgeting payroll costs for the next quarter. Payroll information of the last 4 quarters is as follows: 1 2 3 Quarter Work hours Cost K 15,000 400,0000 20,000 480,0000 18,000 440,0000 21,000 500,0000 The organization increments salaries and wages by 10% at the start of the 3rd quarter each year. 23,000 hours are expected to be worked in the first quarter of the next year. Calculate the budgeted payroll costs for the next quarter. 4

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