Work the following pricing problems for services rendered. (Round to tenths.)
2 answers:
Answer:
Overhead rate = $6.3
Step-by-step explanation:
Given : Labor rate = $8.00 per hour
Labor time = 6 hours
Retail price of parts = $0
Total job cost = $86.00
To find : Overhead rate
Solution:
Overhead cost = Total Cost - The cost of all inputs
The Overhead Rate is this number divided by total labor hours.
Total job cost = $86.00
Labor Cost = labor rate × labor time = 8 × 6 = $48
Retail price of parts:$0
Overhead Costs = total cost - labor cost= $86 - $48 = $38
Now, we divided overhead cost by labor hours to get overhead rate,
Overhead Rate
Therefore, Overhead rate is $6.3
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Answer:
hello your question has some missing information attached below is the missing information
answer : 112 black balls
Step-by-step explanation:
Given data:
Each bag contains ; 10 balls
Total number of ball = 100 balls
<u>first: calculate the number of Black balls to be picked from the three bags</u>
From bag 1 = 0.4 * 0.35 * 10 = 1.4 balls
From bag 2 = 0.8 * 0.45 * 10 = 3.6 balls
From bag 3 = 0.3 * 0.2 * 10 = 0.6 ball
Total black balls picked = 5.6
∴ percentage of black balls picked given that each bag contains 10
5.6 / 10 * Total balls available = 56 balls = 56% of 100 balls
Hence If the player plays this game 200 times the number of black balls he will pick = 56% * 200 = 112 balls
