A 40-hour week over 52 weeks gives monthly payroll hours of:
A180
B160
C166.67
D173.33
Answer & Solution
Correct answer: D. 173.33
40 hours times 52 weeks is 2,080 hours a year, and divided by 12 months it is 173.33.
Keep practising Employee Cost
Browse all Employee Cost questions for CA Inter, or explore more Cost and Management Accounting topics.
Related questions
An Improshare standard identifies the expected number of what?Profit sharing payments often depend on the company's:Improshare stands for:A Scanlon plan incentive uses the ratio of labour cost to:Gainsharing differs from profit sharing as it measures:Gainsharing returns what to employees?Perks are benefits that are mostly:Exchanging cash wages for another benefit is called salary: