Page 244 - BA2 Integrated Workbook - Student 2017
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Fundamentals of Management Accounting
10.3 A marketing agency charge out staff using the following rates:
Senior staff $35.00 per hour
Junior staff $15.00 per hour.
In addition, $10.00 per hour worked is charged to each job to cover
administration costs.
The agency uses a 30% mark-up on total cost to arrive at the price charged per
job.
During a period 2,500 hours were charged out in the ratio of 1 senior to 4 junior
hours. Overheads were exactly as budgeted.
Calculate the total gross profit for the period.
CHAPTER 11 – RISK 1: SUMMARISING AND ANALYSING DATA
11.1 A company is investigating the cost of absenteeism within its production
department. Computer records revealed the following data:
Days absent Number of people
0 94
1 – 5 203
6 – 10 105
11 – 20 68
21 – 30 15
31 – 40 10
41 + 5
––––
Total 500
––––
Complete the following cumulative frequency distribution table:
Days absent Cumulative number of people
0 94
1 – 5 297
6 – 10 402
A 470
21 – 30 B
31 – 40 495
41 + C
236
