Two/More types of Labour/Labor :: Miscllaneous/Advanced : Problems

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01. Calcualte standard labour time for machining part No.Z 235 from the following data :
Standard batch size100 pieces
Set-up time64 minutes
Operating time(each piece):
Fixing job on machine = 2 minutes
Cutting Time = 10 minutes
Removing job from machine = 3 minutes
Allow 10% on total operation time for inspection during process and allow further 5% on total time for fatigue.

Solution
[LCV = ; LRPV = ; LEV/LUV = ; LITV = – LMV/LGCV = 0 ; LYV/LSUV = ;]

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cost,material,labour,fixed,variable,overhead,sales,profit,variance,reconciliation,standard,actual,formula interpretation,accounting.

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