Question
Data relating labour activities of a factory in one week are as follows. Number of employees200 standard hours per week40 standard out per hour250 units
Data relating labour activities of a factory in one week are as follows.
Number of employees200
standard hours per week40
standard out per hour250 units
labour rate : normal sh. 50, employees sh.45 and 4 employees sh 55 per hour. Actual out is 10,250 units.
Required:
calculate the: LCV, LRV and LEV. Each employee is allowed idle time of one hour.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Fundamentals Of Strategy
Authors: Gerry Johnson, Kevan Scholes, Richard Whittington
2nd Edition
0273713108, 9780273713104
