Question: Q 18 To complete a contract for fitting out a new shop in time for its opening, a refurbishment company has employed three temporary painters

Q 18

To complete a contract for fitting out a new shop in time for its opening, a refurbishment company has employed three temporary painters for 10 days at 45 per day and moved two carpenters who are paid 70 per day from another job for three days. The penalty for late completion of the shop is 300 but the delay to the carpenters current job will only cost 150. What are the relevant costs?

a) 1,770
b) 1,500
c) 1,650
d) 1,800

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!