Employee costs as a percentage of labour turnover question
Watch this thread
Announcements
Page 1 of 1
Skip to page:
kwiffwaf
Badges:
4
Rep:
?
You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#1
Hi, i have an answer but just want to see if people agree with me. 
The data below relates to a factory.
capacity = 180 units per day
number of employees = 16
wages per day = £60 per employee
selling price = £15 per unit
capacity utilisation = 80%
Assuming that all output is sold, calculate the factory's employee costs as a percentage of turnover

The data below relates to a factory.
capacity = 180 units per day
number of employees = 16
wages per day = £60 per employee
selling price = £15 per unit
capacity utilisation = 80%
Assuming that all output is sold, calculate the factory's employee costs as a percentage of turnover
0
reply
Eddkings
Badges:
2
Rep:
?
You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#2
kwiffwaf
Badges:
4
Rep:
?
You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#3
(Original post by Eddkings)
hello i can help you confirm the answer
hello i can help you confirm the answer
16X60=960
new capacity = 225
225X15=3375
960
---------- X100 = 28.4%
3375
Last edited by kwiffwaf; 1 year ago
0
reply
AndM12
Badges:
5
Rep:
?
You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#4
Report
#4
(Original post by kwiffwaf)
Hi @EddKings i got 28.4% is this right ?
16X60=960
new capacity = 225
225X15=3375
960
---------- X100 = 28.4%
3375
Hi @EddKings i got 28.4% is this right ?
16X60=960
new capacity = 225
225X15=3375
960
---------- X100 = 28.4%
3375
We did this in class the other day and our teacher sent us the mark scheme for it.
Employee Costs: 16 x £60 = £960
Turnover: £15 x 180 = £2700
960
————— x 100 = 35.5%
2700
1
reply
kwiffwaf
Badges:
4
Rep:
?
You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#5
(Original post by AndM12)
Hi! Thought since I didn’t see anyone respond, I’d just tell you what the answer was!
We did this in class the other day and our teacher sent us the mark scheme for it.
Employee Costs: 16 x £60 = £960
Turnover: £15 x 180 = £2700
960
————— x 100 = 35.5%
2700
Hi! Thought since I didn’t see anyone respond, I’d just tell you what the answer was!
We did this in class the other day and our teacher sent us the mark scheme for it.
Employee Costs: 16 x £60 = £960
Turnover: £15 x 180 = £2700
960
————— x 100 = 35.5%
2700
0
reply
fsdfesdfesdfeshf
Badges:
4
Rep:
?
You'll earn badges for being active around the site. Rep gems come when your posts are rated by other community members.
#6
Report
#6
(Original post by AndM12)
Hi! Thought since I didn’t see anyone respond, I’d just tell you what the answer was!
We did this in class the other day and our teacher sent us the mark scheme for it.
Employee Costs: 16 x £60 = £960
Turnover: £15 x 180 = £2700
960
————— x 100 = 35.5%
2700
Hi! Thought since I didn’t see anyone respond, I’d just tell you what the answer was!
We did this in class the other day and our teacher sent us the mark scheme for it.
Employee Costs: 16 x £60 = £960
Turnover: £15 x 180 = £2700
960
————— x 100 = 35.5%
2700
0
reply
X
Page 1 of 1
Skip to page:
Quick Reply
Back
to top
to top