after she is told. Determine the cost of executing the assignment by each way based solely on salary costs, assuming the secretary works 2,400 hours per year and the CEO 3,000 hours per year.
after she is told. Determine the cost of executing the assignment by each way based solely on salary costs, assuming the secretary works 2,400 hours per year and the CEO 3,000 hours per year.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
do not use excel, use formula
![An executive gets paid P500,000 per year, while his secretary is paid P200,000.
In 4 hours, an executive working alone can complete a certain assignment. If he
delegated the duty to his secretary, it would take 30 minutes for him to explain
the work and another 45 minutes for him to check the completed work. Because
the secretary is unfamiliar with the assignment, it takes her an additional 6 hours
after she is told. Determine the cost of executing the assignment by each way
based solely on salary costs, assuming the secretary works 2,400 hours per year
and the CEO 3,000 hours per year.
Your answer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc835e28a-2f21-4de4-b135-8dfa70be8f67%2F66f44682-edb8-4997-bf0b-4f7c37503342%2Fy67o7q_processed.png&w=3840&q=75)
Transcribed Image Text:An executive gets paid P500,000 per year, while his secretary is paid P200,000.
In 4 hours, an executive working alone can complete a certain assignment. If he
delegated the duty to his secretary, it would take 30 minutes for him to explain
the work and another 45 minutes for him to check the completed work. Because
the secretary is unfamiliar with the assignment, it takes her an additional 6 hours
after she is told. Determine the cost of executing the assignment by each way
based solely on salary costs, assuming the secretary works 2,400 hours per year
and the CEO 3,000 hours per year.
Your answer
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