Question: Q.7. Zaheer Ltd. is pricing a special order that involves the use of 20 hours of skilled labor and 50 hours of semi -

Q.7. Zaheer Ltd. is pricing a special order that involves the use

Q.7. Zaheer Ltd. is pricing a special order that involves the use of 20 hours of skilled labor and 50 hours of semi - skilled labor. The four existing skilled workers are paid Rs. 15 per hour with a minimum weekly wage of each worker is Rs. 450. Each of them is currently working 24 hours a week. The semi-skilled workforce is currently fully utilized. They are each paid Rs. 10 per hour, with overtime payable at time and a half. Additional semi-skilled workers may be hired for Rs. 12 per hour. Required: What is the relevant labour cost for special order? 05 Contd........

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