AliBalouch
Mar 15, 2009, 12:24 AM
A cast iron foundry has 30 employees. It consumes material worth $ 2500, pays workers at the rate of $ 10 per hour in our total overheads of $ 10000. In ap articular month (25 Days) workers had an overtime of 150 hours & were paid at double their normal rate;
Find
(a) Total cost, &
(b) Man hour rate of overheads (assume an eight hour working day)
Find
(a) Total cost, &
(b) Man hour rate of overheads (assume an eight hour working day)