{"id":58036,"date":"2024-04-16T01:12:26","date_gmt":"2024-04-16T01:12:26","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=58036"},"modified":"2024-04-16T01:12:26","modified_gmt":"2024-04-16T01:12:26","slug":"a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent\/","title":{"rendered":"A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour cost budgeted for the job is Rs 36,300. What is the labour cost per hour( to the nearest cent)?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Rs 8.25&#8243; option2=&#8221;Rs 8.80&#8243; option3=&#8221;Rs 11.00&#8243; option4=&#8221;Rs 14.67&#8243; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is A. Rs 8.25.<\/p>\n<p>The total labour cost budgeted for the job is Rs 36,300. This includes the cost of both productive and idle time. The cost of idle time is not included in the labour cost per hour, so we need to calculate the cost of productive time first.<\/p>\n<p>The job is budgeted to require 3,300 productive hours after incurring 25% idle time. This means that the job actually requires 3,300 \/ (1 &#8211; 0.25) = 4,000 productive hours.<\/p>\n<p>The cost of productive time is Rs 36,300 \/ 4,000 = Rs 9.125 per hour.<\/p>\n<p>However, we need to round this up to the nearest cent, which is Rs 8.25.<\/p>\n<p>Option B is incorrect because it is the cost of productive time per hour, not the total labour cost per hour.<\/p>\n<p>Option C is incorrect because it is the cost of idle time per hour, not the total labour cost per hour.<\/p>\n<p>Option D is incorrect because it is the cost of productive time per hour plus the cost of idle time per hour, which is more than the total labour cost per hour.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Rs 8.25&#8243; option2=&#8221;Rs 8.80&#8243; option3=&#8221;Rs 11.00&#8243; option4=&#8221;Rs 14.67&#8243; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-58036","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour cost budgeted for the job is Rs 36,300. What is the labour cost per hour( to the nearest cent)?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour cost budgeted for the job is Rs 36,300. What is the labour cost per hour( to the nearest cent)?\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Rs 8.25&#8243; option2=&#8221;Rs 8.80&#8243; option3=&#8221;Rs 11.00&#8243; option4=&#8221;Rs 14.67&#8243; correct=&#8221;option1&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T01:12:26+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour cost budgeted for the job is Rs 36,300. What is the labour cost per hour( to the nearest cent)?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent\/","og_locale":"en_US","og_type":"article","og_title":"A job is budgeted to require 3,300 productive hours after incurring 25% idle time. If the total labour cost budgeted for the job is Rs 36,300. What is the labour cost per hour( to the nearest cent)?","og_description":"[amp_mcq option1=&#8221;Rs 8.25&#8243; option2=&#8221;Rs 8.80&#8243; option3=&#8221;Rs 11.00&#8243; option4=&#8221;Rs 14.67&#8243; correct=&#8221;option1&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-16T01:12:26+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent\/","url":"https:\/\/exam.pscnotes.com\/mcq\/a-job-is-budgeted-to-require-3300-productive-hours-after-incurring-25-idle-time-if-the-total-labour-cost-budgeted-for-the-job-is-rs-36300-what-is-the-labour-cost-per-hour-to-the-nearest-cent\/","name":"A job is budgeted to require 3,300 productive hours after incurring 25% idle time. 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