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Pani-rosa [81]
3 years ago
7

E&J Auto Body Shop estimated overhead cost for the coming year will be $15,000 and 5,000 direct labor hours will be worked.

The amount of overhead cost applied by E&J Auto Body Shop to one of its jobs, if the jobs required 10 direct labors hours to complete, would be :_______
a. $150
b. $ 30
c. $ 50
d. $ 15
Business
1 answer:
kondor19780726 [428]3 years ago
8 0

Answer:

correct option is b. $ 30

Explanation:

given data

overhead cost = $15,000

direct labor hours = 5,000

required direct labors hours = 10

solution

we get here Fixed Overhead Rate that is

Fixed Overhead Rate = estimated overhead cost ÷ direct labor hours ........1

Fixed Overhead Rate = \frac{15000}{5000}  

Fixed Overhead Rate = $3 per labor hour

and

Job overhead applied express as

overhead = Fixed Overhead Rate  × required direct labors hours  ..........2

overhead  = $3 × 10

overhead = $30

so correct option is b. $ 30

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Answer:

2. second-price, sealed-bid auction.

Explanation:

In the given situation, it is mentioned that there is 25 risk -neutral bidders that contains the affiliated values and the same is to be allocated between $0 and $500 million

So, here the type of an action that could maximize the expected revenue is the second price i.e. sealed bid auction as in this the bidder provides the maximum price that received the good in the second maximum price

Therefore, the second option is correct

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3 years ago
On January 1, 2019, the general ledger of Global Corporation included supplies of $1,300. During 2019, supplies purchased amount
Stolb23 [73]

Answer:

the  supplies expense for the year 2019 is $5,400

Explanation:

The computation of the supplies expense for the year 2019 is as follows:

Supplies Expense = Opening balance of Office supplies + Purchase of supplies during the year - ending balance of Office supplies

= $1,300 + $5,600 - $1,500

= $5,400

Hence, the  supplies expense for the year 2019 is $5,400

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
2 years ago
Hayley, from California, arrived in Saudi Arabia and immediately noticed that the way Saudi men treat women is vastly different
Jet001 [13]

Answer:

The answer is 1. Culture shock

Explanation:

What is culture shock?

According to Merriam-Webster, culture shock is defined as the sense of confusion and uncertainty sometimes with feelings of anxiety that may affect people exposed to an alien culture or environment without adequate preparation.

With the definition above, it is therefore safe to say that, in the case of Hayley feeling uncomfortable and disoriented in a new environment, she is experiencing Culture Shock.

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3 years ago
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Nastasia [14]

Letter of credit that can be split up between many suppliers, each able to present their own documents for payment and allowing the trader to take his profits from the balance of the credit, is called Transferable Letter of Credit .

Explanation:

Transferable Letter of Credit is a credit document in which the party can transfer the credit in full or partial to another beneficiary.

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3 years ago
Read 2 more answers
QUESTION 2 / 10
mash [69]
A. Would be the best answer
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3 years ago
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