Answer to Question #254536 in Financial Math for Vickie

Question

Jeffrey work 360 hours during the month of April 2016 and he was paid at the rate of shillings 100 hour during this month he completed three jobs the following additional information was provided

Job. No of hours

A. 160

B. .. 120

C. .............80

Quiet calculate the labour costs chargeable to these three jobs on the assumption that the jobs are completed only by him

Answer 1

Solution:

Total hours worked = 360

Rate per hour = 100 shillings

Total labor cost to Jeffrey for the month of April 2016$=360\times 100=36,000$ shillings