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QUT STION 6 LABOUR COSTS la usine Major L Id is a company that produces househoid goods in varous departments is needs to assess whether
QUT STION 6 LABOUR COSTS la usine Major L Id is a company that produces househoid goods in varous departments is needs to assess whether tes hocily recovery tarif has been cakculated correctly The following information is provided for Martina who is an employee of Magr Lid She works from Monday - Friday (8 hours per day for 5 days). The rate per hour in this company is R75 Holiday bonus equais to 10% of yearly gross salary The empioyer makes the following contrbutions - Pension fund = R1000 per week x - Medienl aid = R400 per week - Other contributions =5% of yearly gross saiary Holiday leave is 3 weeks annually The company is dosed for 10 public holidays and ide time is 5%.x Required: Calculate the hourly recovery tariff. Assume that there are 52 weeks in a year. Note: round off all unit conts to TWO decimal places. Show ALL calculations
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