Question 3 (20) A marketing company has employed a graphic design specialist. Her basic annual...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Question 3 (20) A marketing company has employed a graphic design specialist. Her basic annual salary is R360 000 and she is entitled to an annual bonus of R30 000. The company operates a 40-hour week and employees are entitled to three weeks' annual leave. There are 13 public holidays annually. Idle time is equal to 3% of available productive time. The company contributes 7,5% and 1% of the basic salary towards the pension fund and UIF, respectively. Assume that there are 52 weeks in the year. Required: Calculate the following: 3.1 Annual productive hours 3.2 Total annual labour cost 3.3 Hourly recovery rate
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
