Hourly rate to cover the cost of each financial adviserwork

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Reference no: EM13355829

Hourly rate to cover the cost of each financial adviser.

Work the problem using the following variables: Average salary is 85,000 ; national insurance is 12%; pension contribution is 3%; there are two weeks of vacation; 5 days of holidays; and chargeable hours are 40 per week with administrative time taken from family time. Calculate the hourly rate to cover the cost of each financial adviser.

Capacity utilization effect on product mix and profitability.

Explain how capacity utilization affects product mix and profitability.

Reference no: EM13355829

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