Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    4
    ReputationRep:
    I'm trying to work out the overheads for Labor Hours
    Overhead: 525,000
    Labor Hours 72000
    Production Time: 30 Minutes
    I have calculated:
    Absorption rate: 525000/72000 = 7.29
    7.29 / 60 = x
    x * 30 = 3.65
    But on the website I'm using it says the answer is 2.43. What am I doing wrong? Thanks!!
    Offline

    17
    ReputationRep:
    Is the production time 20 minutes as the answer seems to indicate it assumes that is the case?
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Will you be richer or poorer than your parents?
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.