1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dybincka [34]
3 years ago
5

Mumbai Travel Services provided the following​ information: Direct labor​ rate: $ 40 per hour Predetermined allocation rate for

indirect​ costs: $ 22 per direct labor hour If Mumbai Travel records revenue of $ 350 for a job requiring 5 hours of direct​ labor, then Mumbai Travel will make a profit of $ 40.
True/False
Business
1 answer:
galben [10]3 years ago
8 0

Answer:

True

Explanation:

Labour rate (indirect cost) = $40 per hour

Labour rate (Direct cost) = $22 per hour

The total cost per hour is $40 + $22 = 62

For five hours the total labour cost will be = 62 * 5 = £310

According to the results, Mumbai travel will make a profit of $ 40.

You might be interested in
Miller Corporation issued 6000 shares of its​ $5 par value common stock in payment for attorney services billed at​ $54,000. Mil
Deffense [45]

Answer:Share premium account of $24,000

The provider of attorney services of $30,000

Explanation:

On provision of services, the Attorney services expenses account is debited with $54,000 and the attorney services provider account credited with $54,000

Furthermore a share account is opened for the provider and credited with $30,000 , the share premium is credited $24,000 and a debit transfer is made to his liability account initially credited.

The $24,000 credit to share premium represents the difference between the nominal value of the share of $5 and the market value of $9 multiply by the 30,000 shares he was paid with.

Also a memorandum will be issued to state that 6000 share has been transferred from Miller to the attorney services provider and the shares will be delited from his name and entered in the name of the services provider because the credit of shares to his account does not represents new shares issued but it's the transfer of Miller's shares to him.

4 0
3 years ago
__________ have an increasingly important role in top management because of their ability to think strategically, bringing with
noname [10]

Answer:

The correct answer is a) Chief Marketing Officers (CMOs).

Explanation:

Chief marketing Officers determine the demand for the products and services offered by a company and its competitors, and identify potential customers. They develop pricing strategies with the objective of maximizing the benefits of the company or its participation in the market, while ensuring the satisfaction of the company's customers. They monitor product development or follow trends that indicate the need for new products and services.

In companies that manufacture products or are dedicated to the provision of services, marketing directors have to decide the best way to promote themselves to increase sales. Marketing departments are often involved in different aspects of this process, from advertising market research, to public relations, events and sponsorships.

6 0
3 years ago
Which of the following statements regarding quality-control inspections is true? a.Inspection requires product tear down. b.Insp
Nimfa-mama [501]

Answer: The answer is C. Inspection requires both product tear down and product reassembly.

Explanation: The aim of quality-control inspections is to ascertain whether a product has been made according to specifications, and whether there are any defects in the products.

Therefore quality-control inspections will involve product tear down, in order to check the component parts of a product for quality assurance, and product reassembly is carried out after the product tear down to reassemble the products if it is discovered that it meets quality standard.

4 0
3 years ago
The full process to create a product or service is called a ___?
maw [93]

Answer:

D sole proprietorship I think

8 0
3 years ago
8. Joe Davola planned to begin saving for his retirement starting next month. Joe’s plan was to invest $450 per month, starting
gayaneshka [121]
B.81.06 because joe began saving listen to began saving
4 0
3 years ago
Other questions:
  • Is psychological marketing ethical in your opinion?
    5·1 answer
  • How does the Open Market Trading Desk conduct its​ operations? A. by sending its buy and sell orders to the U.S. Treasury for ex
    13·1 answer
  • Young Johnny inherited the only local cable TV company in town after his father passed away. The company is completely unregulat
    5·1 answer
  • Belinda keeps a record of her expenses for the week as shown:
    8·1 answer
  • An increase in the demand for a good is represented by:
    8·1 answer
  • Which of the following is correct?a. There is consensus among economists that unions are good for the economy.b. There is consen
    11·1 answer
  • Which one of the following descriptions best describes horizontal integration? 1) the economic development of the American West
    12·1 answer
  • Colliers, Inc., has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount o
    13·1 answer
  • Yuma, Inc. manufactures teddy bears and dolls. Currently, Yuma makes 2,100 teddy bears each month. Each teddy bear uses $3.50 in
    13·1 answer
  • Public relations has more power to influence consumers than other forms of corporate communication because
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!