Solution-Compute the amount of the direct labour

Compute the amount of the direct labour

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Reference no: EM132855575

Question - Consider the elements of cost in Geordie Ltd, namely, the material cost of a product, the cost of direct labour and the cost of non-labour expenses (usually referred to as the overhead). In this company the material cost of a product is $6 less than thrice the cost of the direct labour; and the overhead is 3/4 of the direct labour cost. Knowing that the total cost of the product is $120, compute the amount of the direct labour.

Reference no: EM132855575

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Compute the amount of the direct labour : The overhead is 3/4 of the direct labour cost. Knowing that the total cost of the product is $120, compute the amount of the direct labour

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Compute the amount of the direct labour

Reference no: EM132855575

Reference no: EM132855575

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