Answer:
Total cost= $1,485
Explanation:
Giving the following information:
Work= 50 hours
Hour rate= $15
Overhead= 0.80 of direct labor cost
First, we need to calculate the total labor cost:
We have to add 10% of the time.
Direct labor= (50*1.1)*15= $825
Now, the overhead:
Allocated overhead= 825*0.8= $660
Finally, the total cost:
Total cost= 825 + 660= $1,485
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Answer:
c. is valid and enforceable
Explanation:
In business, this is called a Non-Compete Clause.
Non-Compete Clause can prevent a certain individual or organization to compete with another business , as long as both parties con sensually sign the agreement.
Typically, Non-Compete clause is required after all the parties involved have some sort of affiliation toward one another/
<u>for example:</u>
1. One party just bought the business from another party.
2. One party is an ex-members/ex-employees of another party. Making them know internal secrets of that other party.
Answer:
a. positive statements.
Explanation:
Positive statements is a statement from the field of positive economics that deals with measurement and explanation of economic phenomena, it deals with or studies 'what is' or how the various economics problems of what to produce, how to produce, when to produce and for whom to produce are actually solved. it uses relevant fact for its analysis.
A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.