Allocation of Finances

Business & Finance
Tutor: None Selected Time limit: 1 Day

The cleaning crew that services the building spends 30% of their time in PT, and 70% in OT due to the square footage that each department uses. a. What would be the allocation be to PT if the total annual cost of housekeeping is $20,000? b. What would be the allocation be to OT if the total annual cost of housekeeping is $20,000?

Mar 29th, 2015

     Total annual cost of house keeping = $20,000

      % of time spend of cleaning crew in PT = 30%

      % of time spend of cleaning crew in OT = 70%

      (a)  Cost allocated to PT = $20,000*30%

                                               = $6,000

      (b)  Cost allocated to OT = $20,000*70%

                                               = $14,000

Mar 29th, 2015

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