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QUESTION 1 (50 marks) A Randburg-based company has the following information: Month Labour Hours Total Labour Cost January 51.00 960.00 February 45.00 930.00 March 51.00
QUESTION 1 (50 marks) A Randburg-based company has the following information: Month Labour Hours Total Labour Cost January 51.00 960.00 February 45.00 930.00 March 51.00 930.00 April 59.00 885.00 May 63.00 750.00 June 48.00 00 July 39.00 750.00 August 39.00 750.00 September 47.00 795.00 October 53.00 825.00 November 65.00 870.00 December 72.00 1 020.00 Estimate the fixed and variable components of the labour cost using the information given above. The following estimation techniques must be used: TUNGTY LEAST OUR bod The followine.nomal bonitionem in the total labour cost when the worker worked d. Estimate using the equation in (b.) the total labour cost when the worker works 100 hours (3) QUESTION 1 (50 marks) A Randburg-based company has the following information: Month Labour Hours Total Labour Cost January 51.00 960.00 February 45.00 930.00 March 51.00 930.00 April 59.00 885.00 May 63.00 750.00 June 48.00 00 July 39.00 750.00 August 39.00 750.00 September 47.00 795.00 October 53.00 825.00 November 65.00 870.00 December 72.00 1 020.00 Estimate the fixed and variable components of the labour cost using the information given above. The following estimation techniques must be used: TUNGTY LEAST OUR bod The followine.nomal bonitionem in the total labour cost when the worker worked d. Estimate using the equation in (b.) the total labour cost when the worker works 100 hours (3)
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