Solution :
1. Predetermined overhead rate
Fixed 
(253,000 / 22,000) = $ 11.5
Variable per direct labor-hour = $ 1
Predetermined overhead rate = $12.5
2. Total job cost $
Direct materials 703
Direct labor cost 317
Applied overhead (8 hours x $12.5 per direct labor hour) = 100
Total job cost = $ 1120
3. Charges = $ 1120 x 140%
= $1568
Answer:
r = 0.075 or 7.5%
Option a is the correct answer.
Explanation:
The required rate of return is the minimum return that the investors require on a stock based on the risk associated with that stock. To calculate the required rate of return on a preferred stock, we divide the dividend provided by the preferred stock by the market price of the stock.
r = Dividend / Market Price
r = 6 / 80
r = 0.075 or 7.5%
Answer:
A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?
Answer: Direct Excess Coverage
Explanation:
The coverage type under ABC's garagekeepers policy that would split the cost of the loss with Jim's own insurer without placing blame on ABC Garage is the direct excess coverage.
This coverage is identical to the direct primary coverage and it basically protects the vehicle of a client without taking into consideration the person that is responsible. The direct excess coverage will be paid in excess of the primary policy.
