A company needs 5,000 hours of labour for a contract they have been asked to quote for. The work currently being carried out by our employees is generating a contribution of £12 per hour, although there is currently a substantial amount of idle time. Our workers are paid at the rate of £8 per hour. What is the relevant cost of the labour required for the contract? A. £ NIL B. £60,000 C. £100,000 D. £40,000
A company needs 5,000 hours of labour for a contract they have been asked to quote for. The work currently being carried out by our employees is generating a contribution of £12 per hour, although there is currently a substantial amount of idle time. Our workers are paid at the rate of £8 per hour. What is the relevant cost of the labour required for the contract? A. £ NIL B. £60,000 C. £100,000 D. £40,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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