2 An executive receives an annual salary of P600,000 and his secretary a salary of P180,000. A certain task can be performed by the executive working alone in 4 hours. If he delegates the task to his secretary it will require him 30 minutes to explain the work and another 45 minutes to check the finished work. Due to the unfamiliarity of the secretary to do the task, it takes her an additional
2 An executive receives an annual salary of P600,000 and his secretary a salary of P180,000. A certain task can be performed by the executive working alone in 4 hours. If he delegates the task to his secretary it will require him 30 minutes to explain the work and another 45 minutes to check the finished work. Due to the unfamiliarity of the secretary to do the task, it takes her an additional
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Please show the solution to its corresponding answer stated in the problem.
![2 An executive receives an annual salary of P600,000 and his
secretary a salary of P180.000. A certain task can be performed by.
the executive working alone in 4 hours. If he delegates the task to
his secretary it will require him 30 minutes to explain the work and
another 45 minutes to check the finished work. Due to the
unfamiliarity of the secretary to do the task, it takes her an additional](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0594cc6e-a14a-4533-b78e-a05c5cb7070f%2Fb2b98b82-34d0-4a3d-9fb2-d1b4f561385f%2Fc1hzc1_processed.png&w=3840&q=75)
Transcribed Image Text:2 An executive receives an annual salary of P600,000 and his
secretary a salary of P180.000. A certain task can be performed by.
the executive working alone in 4 hours. If he delegates the task to
his secretary it will require him 30 minutes to explain the work and
another 45 minutes to check the finished work. Due to the
unfamiliarity of the secretary to do the task, it takes her an additional
![deterrmine the cost of performing the task by each method, if the sec-
retary works 2,400 hours a year and the executive 3,000 hours a year.
time of 6 hours after being instructed. Considering salary cost only,
Ans. P800.00; P737.50](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0594cc6e-a14a-4533-b78e-a05c5cb7070f%2Fb2b98b82-34d0-4a3d-9fb2-d1b4f561385f%2Fjoueft7_processed.png&w=3840&q=75)
Transcribed Image Text:deterrmine the cost of performing the task by each method, if the sec-
retary works 2,400 hours a year and the executive 3,000 hours a year.
time of 6 hours after being instructed. Considering salary cost only,
Ans. P800.00; P737.50
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