MANAGEMENT ACCOUNTING

1.3 Calculate the hourly recovery tariff (rounded off to the nearest cent) of Brenda from the information (4 marks) provided below. INFORMATION The basic annual salary of Brenda is R240 000. She is entitled to an annual bonus of R20 000. Her employer contributes R24 000 per annum to her pension fund. She works for 8 hours per day from Monday to Friday each week. She is entitled to 21 days paid vacation leave. There are 12 public holidays (non-working days) in the year (365 days), 10 of which fall on weekdays