Answer:
Total cost is $200,000 and the bill for the job is $407.5
Explanation:
The total cost would be:
Total cost = Wages + Benefits + Overhead
= $110,000 + $40,000 + $50,000
= $200,000
Cost per hour = Total Cost / Labor hours
= $200,000 / 5,000
= $40 per hour
Profit per hour required is $20 per hour
Total rate per hour = Cost per hour + Profit per hour
= $40 + $20
= $60 per hour
The bill for the job would be:
Let the bill be X
Total bill = Used part cost + Repair cost per hour (1.5 hr is 93) + Loading charges
X = $70 + 93 + .6X
0.4 X = $163
X = $163 / 0.4
X = $407.5
It is most appropriate to discuss their accomplishments at the Executive summary section. A Executive summary section is a document where organizations show what they are willing to offer on there agreement and the accomplishments they are showing the people they'd like to offer up with.
Explanation:
This can be an interesting idea to start entrepreneurship, since starting a pet sitter service just requires liking animals and publicizing the service, which can be done for free through social media. I believe this is a good opportunity to learn more about managing your own business, meeting a new network of people and understanding the service market, as well as being a source of extra income.
Entrepreneurship is all about identifying people's needs and turning them into products and services that can be profitable, in addition to being a great tool to assist in the development of individual skills, market knowledge, innovation capacity, etc.
Answer: The correct answer is <u>".B. There is no beginning inventory.".</u>
Explanation:
The weighted average method produces the same cost of manufactured goods as the FIFO method (First in First out) when there is no beginning inventory because there are no units at the beginning that drag the cost.
