Given the following company information:
Time left 0:
Sales (000s)
\([tex]$ 2459
Direct Materials (000s)
$\)[/tex]576
Direct Labour (000s)
\([tex]$ 258
Gross Profit (000s)
$\)[/tex] 1625
Selling and Admin Expense (000s) \([tex]$266
Net Profit
$\)[/tex]1359
You want to increase profits by $15000 through a reduction in labour
costs. What is the target labour cost to achieve that increase profits?
Show your answer as a whole number and include the correct unit.
Answer:
Time left 0:
Sales (000s)
\([tex]$ 2459
Direct Materials (000s)
$\)[/tex]576
Direct Labour (000s)
\([tex]$ 258
Gross Profit (000s)
$\)[/tex] 1625
Selling and Admin Expense (000s) \([tex]$266
Net Profit
$\)[/tex]1359
You want to increase profits by $15000 through a reduction in labour
costs. What is the target labour cost to achieve that increase profits?
Show your answer as a whole number and include the correct unit.
Answer: