I'm trying to work out the overheads for Labor Hours
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!!
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What am I doing wrong?? Labor hours watch
- Thread Starter
- 28-10-2017 00:31
- 01-11-2017 00:54
Is the production time 20 minutes as the answer seems to indicate it assumes that is the case?