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S0,000 luction manager at Goldestions of labour use 250,000 budgeted labe month of August 2014 which is expected to activity However, during the month of
S0,000 luction manager at Goldestions of labour use 250,000 budgeted labe month of August 2014 which is expected to activity However, during the month of August 2014 the company made only 46,000 loaves of bread which took 285,000 labour hours. Required: a. Calculate the efficiency ratio. b. Calculate the capacity ratio c. Calculate the production volume ratio Flagstaff Bakery uses a differential piece work system that pays employees as follow: piecerential Upto100unitsperday101to150unitsperday151to200unitsperday201andaboveunitsperday$20perunit$22perunit$35perunit$35perunit 101 to 150 units per 151 to 200 units per day 201 and above units per day Jim, John and James made 192,307 and 179 units respectively during on August 20, 2014. Required: a. Calculate Jim's gross wage b. Calculate John's gross wage c. Calculate James' gross wage 3. Peddles Manufacturing Limited has a basic wage rate of $20 per hour. Overtime rate is time and a half for evening and double for weekends. The Calculating Gross following data below relate to two jobs completed during May 2014: Wages Normal time Evening time Weekend JobABC500200150JOBXYZ420280100 Required: a. Calculate the labour cost charged to the job assuming overtime is done occasionally to meet production requirements. b. Calculate the labour cost chargeable to the job assuming overtime is done at the customers' request
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