[gohar181]

Hi, It looks to me thay you want to start your own business.If you contact with AAT then you can get practice license from them.You cannot do audit under AAT license but you can get clients. You need to call them and ask more detail. Good Luck. Thanks

[gohar181]

1. Material Cost per Unit (Wiring)
Ideal requirement: 25 cm = 0.25 meters per radio

Waste: 2% of wire is wasted, so only 98% is usable

Therefore, to get 0.25 m of usable wire, we must purchase more than that

? Adjusted Wire Requirement per Unit:
Required wire to buy
=
0.25
0.98
=
0.2551
 meters (rounded to 4 dp)
Required wire to buy=
0.98
0.25
?
=0.2551 meters (rounded to 4 dp)
? Material Cost per Unit:
0.2551
×
0.50
=
$
0.1276
?
$
0.13
0.2551×0.50=$0.1276?
$0.13
?
2. Labour Cost per Hour (Including Idle Time)
Time to assemble = 30 minutes = 0.5 hours per radio

Hourly wage = $12.60

Idle time = 10% ? Only 90% of hours are productive

? Effective Productive Hours:
To get 0.5 productive hours, we need to pay for more time.

Paid hours
=
0.5
0.9
=
0.5556
 hours (rounded to 4 dp)
Paid hours=
0.9
0.5
?
=0.5556 hours (rounded to 4 dp)
? Labour Cost per Unit:
0.5556
×
12.60
=
$
7.0006
?
$
7.00
0.5556×12.60=$7.0006?
$7.00
?
2. Labour Cost per Hour (Including Idle Time)
Time to assemble = 30 minutes = 0.5 hours per radio

Hourly wage = $12.60

Idle time = 10% ? Only 90% of hours are productive

? Effective Productive Hours:
To get 0.5 productive hours, we need to pay for more time.

Paid hours
=
0.5
0.9
=
0.5556
 hours (rounded to 4 dp)
Paid hours=
0.9
0.5
?
=0.5556 hours (rounded to 4 dp)
? Labour Cost per Unit:
0.5556
×
12.60
=
$
7.0006
?
$
7.00
0.5556×12.60=$7.0006?
$7.00
?

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