QUESTION 1 (20 Marks) 1.1 REQUIRED 1.1.1 Calculate the labour "cost to company" of JP Mthembu for the week ended 13 July 2019. (6 marks) 1.1.2 Suppose the expected labour cost of all the employees for the week was R150 000. It is possible that it may be reduced to R130 000 if overtime is avoided but due to productivity issues the cost could increase to R160 000. Calculate the expected labour cost using three-point cost estimating. (2 marks) INFORMATION JP Mthembu is employed by Solar Manufacturers in Project P. The following are his wage details for the week ended 13 July 2019: Hours worked : Sunday 4 hours Monday to Thursday 8 hours per day :Friday 9 hours :Saturday 5 hours Pension fund: employee's deduction 7.5 of normal wages Pension fund: employer's contribution 9% of normal wages Unemployment insurance fund: employee's deduction 1% of gross wage Unemployment insurance fund: employer's contribution 1% of gross wage Remuneration during normal working hours R150 per hour Normal working week (Monday to Friday) 8 hours per day Remuneration on Saturdays and overtime from Monday to Friday 112 times the normal rate Remuneration on Sundays Double the normal rate