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CIMAPRO19-P01-1 Exam - Topic 10 Question 73 Discussion

The labour requirement for a special contract is 250 skilled labour hours paid at $10 per hour and 750 semi-skilled labour hours paid at $8 per hour.At present, skilled labour is fully utilised on other contracts which generate a $12 contribution per hour, after charging labour costs. Additional skilled labour is unavailable in the short term.There is a surplus of 1,200 semi-skilled hours over the period of the contract but the firm has a policy of no redundancies.The relevant cost of labour for the special contract is:
A) $ 5,500 and B) $ 3,000 and D) $ 11,500
C) $ 8,500

CIMAPRO19-P01-1 Exam - Topic 10 Question 73 Discussion

Actual exam question for CIMA's CIMAPRO19-P01-1 exam
Question #: 73
Topic #: 10
[All CIMAPRO19-P01-1 Questions]

The labour requirement for a special contract is 250 skilled labour hours paid at $10 per hour and 750 semi-skilled labour hours paid at $8 per hour.

At present, skilled labour is fully utilised on other contracts which generate a $12 contribution per hour, after charging labour costs. Additional skilled labour is unavailable in the short term.

There is a surplus of 1,200 semi-skilled hours over the period of the contract but the firm has a policy of no redundancies.

The relevant cost of labour for the special contract is:

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Suggested Answer: A, B, D

References:


by Brandon at Aug 07, 2023, 05:10 PM

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Teresita
10 months ago
The total cost adds up to $11,500 if you include everything.
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Louvenia
10 months ago
Totally agree, the semi-skilled surplus helps!
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Rory
10 months ago
Wait, how can we ignore the contribution from skilled labour?
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Jina
10 months ago
I think the relevant cost is $8,500.
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Kallie
10 months ago
Skilled hours are $10 each, semi-skilled are $8.
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Thomasena
11 months ago
I feel like the total cost should be $8,500, but I’m not entirely confident about how the opportunity cost plays into this calculation.
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Rosendo
11 months ago
I’m a bit confused about the surplus of semi-skilled hours. Does that mean we can use them without additional cost?
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Micah
11 months ago
I remember a practice question where we had to consider opportunity costs. I think the contribution from skilled labour might affect the total cost here.
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Glennis
11 months ago
I think the skilled labour cost should be ignored since it's fully utilized elsewhere, but I'm not sure how to calculate the semi-skilled hours correctly.
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Dortha
11 months ago
Okay, let me see here. CloudGuard can be deployed using Terraform, Shell, and the CLI - those all sound familiar. But I'm not as sure about the CPS Portal option. I'll have to double-check my notes to see if that's a valid choice or not.
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Marvel
11 months ago
The 169.254.0.0/16 range for the failover interfaces is an interesting detail. I'll make sure to remember that for the exam.
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Kristine
11 months ago
I'm a bit confused by this question. There are a few Azure networking services mentioned, and I'm not sure which two would be the best fit for inspecting outbound traffic from SAP servers. I'll need to review the capabilities of each service to determine the correct answer.
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Beckie
1 year ago
I'm feeling a bit like a semi-skilled laborer right now, trying to figure out this question. But I think Magnolia's step-by-step approach is the way to go. Time to put on my thinking cap and get this right!
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Karima
1 year ago
Hmm, I'm leaning towards B) $ 3,000 actually.
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Quentin
1 year ago
B) $ 3,000
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Linwood
1 year ago
I think it's A) $ 5,500 too.
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Ceola
1 year ago
A) $ 5,500
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Casie
1 year ago
Haha, this question is a real head-scratcher. I bet the exam writers are having a good laugh at our expense. Anyway, I'm going with C) $8,500 - it just seems like the most logical answer based on the information provided.
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Hubert
1 year ago
I see where you're coming from, but I think B) $3,000 is the correct answer. Let's see who's right!
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Fernanda
1 year ago
I'm not so sure about that. I'm leaning towards A) $5,500. It just seems more reasonable to me.
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Hubert
1 year ago
I think you might be onto something with C) $8,500. It does seem like the most logical choice.
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Alison
1 year ago
Wait, what? They're saying the skilled labor is already fully utilized on other contracts that generate a higher contribution per hour. Wouldn't that mean we can't use that labor and have to find an alternative, like subcontracting? This question is tricky!
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Virgilio
1 year ago
The relevant cost of labor for the special contract must be calculated carefully.
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Ellsworth
1 year ago
We have a surplus of semi-skilled hours, but the firm has a policy of no redundancies.
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Fanny
1 year ago
We can't use the skilled labor for this special contract, it's already fully utilized on other contracts.
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Gregoria
1 year ago
Hmm, this seems straightforward. We just need to calculate the total labor cost based on the given information. I think the answer is C) $8,500.
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Jesusita
1 year ago
D) $ 11,500
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Malcom
1 year ago
C) $ 8,500
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Estrella
1 year ago
B) $ 3,000
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Christiane
1 year ago
A) $ 5,500
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Magnolia
1 year ago
Okay, let's think this through step-by-step. The skilled labor costs $10 per hour, and we need 250 hours, so that's $2,500. The semi-skilled labor costs $8 per hour, and we need 750 hours, so that's $6,000. Adding those up, the total labor cost is $8,500. Therefore, the correct answer is C) $8,500.
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Marta
1 year ago
Great, so the answer is C) $8,500.
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Mignon
1 year ago
That makes sense, the total cost is $8,500.
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Alisha
1 year ago
So, the total labor cost for the special contract is $8,500.
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Halina
1 year ago
I think the skilled labor cost is $2,500 and the semi-skilled labor cost is $6,000.
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Shannan
1 year ago
Great, we figured it out step-by-step!
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Roxane
1 year ago
That makes sense, so the answer is C) $8,500.
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Clarence
1 year ago
So, the total labor cost for the special contract is $8,500.
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Myra
1 year ago
I think the skilled labor cost is $2,500 and the semi-skilled labor cost is $6,000.
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Dana
1 year ago
I see both points, but I think the answer is D) $11,500 because we need to factor in the contribution per hour from other contracts.
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Christoper
1 year ago
I disagree, I believe the answer is C) $8,500 because we need to consider the opportunity cost of using skilled labour on other contracts.
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Jacinta
1 year ago
I think the answer is B) $3,000 because we have a surplus of semi-skilled hours.
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