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kati45 [8]
3 years ago
7

DC Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a s

alary of $66,500 annually and one salaried estimator who is paid $50,000 annually. The corporate office has two office administrative assistants who are paid salaries of $61,750 and $46,750 annually.
The president's salary is $169,500. How much of these salaries are common fixed expenses?

a.$169,500

b.$278,000

c.$108,500

d.$330,500
Business
2 answers:
Nataly_w [17]3 years ago
5 0

Answer:

b. $278,000

Explanation:

A fixed cost that supports the functions of more than one segment of the business but it is not directly attributable to any specific segment.

The Salary of office administrative assistants and  President's salary is a common fixed cost because they perform for the multiple segment of the business and Not Directly attributable to any single segment. Whereas Site Supervisor and Estimator are working on a specific project / segment. So their cost will be project's fixed cost.

Common fixed Expense = office administrative assistant's Salary + President's Salary = $61750 + $46,750 + $169,500 = $278,000

labwork [276]3 years ago
3 0

Answer:

Correct option is B.

$278,000

Explanation:

Common Fixed Expenses = Office Administrative Assistant + Office Administrative Assistant + President's Salary

Common Fixed Expenses = $61,750 + $46,750 + $169,500

Common Fixed Expenses = $278,000

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On May 3, 2020, Concord Company consigned 80 freezers, costing $540 each, to Remmers Company. The cost of shipping the freezers
NeX [460]

Answer:

a) $22,010

b) $3,780

c) $25,790

Explanation:

a) In calculating the value of inventory still left, the total value needs to be calculated first,

= (80 freezers * $540) + $820 ( transport fees)

= 43,200 + 820

= $44,020

40 out of 80 freezers have not been sold so,

= 40/80 * 44,020

= $22,010

b) In calculating the profit, subtract the expenses from the sales

Sales = 40 * 700

= $28,000

= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation

= 28,000 - 22,010 - (28,000*0.06) - 180 - 350

= $3,780

c) The amount remitted by the consignor will be,

= Sales - commission - advertising - installation

= 28,000 - (28,000 * 0.06) - 180 - 350

= $25,790

7 0
2 years ago
An assumption for a construction project could be Select one: a. a grant will be secured to help fund the project. b. the materi
Eduardwww [97]

Answer:

a. a grant will be secured to help fund the project.

Explanation:

In project management, a project manager can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service. Project managers strives very hard so that they can achieve their aims, goals and objectives in the most cost-effective, efficient and best manner through the use of unique set of interrelated tools, skills and tasks.

An assumption for a construction project could be, a grant will be secured to help fund the project.

Project managers sometimes embark on the execution of projects without having enough fund to finish it successfully. There assumptions are usually that once they have commenced the process, a grant can be secured from creditors, investors or financial institutions to help fund the remaining part of the project. However, since it is an assumption, they're not guaranteed that the grant will be given to them; therefore, this can result to the stalling of projects sometimes.

By virtue of standards, materials to be used to construct the building, the size of the building that is to be constructed and the regulations and codes required for the building should never be assumed by project managers.

6 0
3 years ago
Jack's Corp. has $5 billion is total assets, and its tax rate is 40%. Its basic earnings power (BEP) ratio is 12%, and its retur
Inessa [10]

Based on the information given Jack's times-interest earned (TIE) ratio is 3.28.

<h3>Times-interest earned (TIE) ratio is 3.28.</h3>

BEP = EBIT ÷ Total Assets

12% = EBIT ÷ $18 billion

EBIT = 12% × $5 billion

EBIT= $0.6 billion

ROA = Net Income ÷ Total Assets

5% = Net Income ÷ $5 billion

Net Income = 5% × $5 billion

Net income= $0.25 billion

Earning before tax:

Earning before tax= Net income ÷ (1 - tax)

Earning before tax= $0.25 ÷ (1 - 0.40)

Earning before tax= $0.25 ÷ 0.60

Earning before tax= $0.417 billion

Interest Expense:

Interest Expense= EBIT - EBT

Interest Expense= $0.6 billion - $0.417billion

Interest Expense= $0.183 billion

Times interest earned ratio:

Times interest earned ratio= EBIT ÷ Interest expense

Times interest earned ratio= $0.6 billion ÷ $0.183 billion

Times interest earned ratio= 3.28

Inconclusion Jack's times-interest earned (TIE) ratio is 3.28.

Learn more about  times-interest earned (TIE) ratio here:brainly.com/question/17150434

7 0
2 years ago
Which of the following is true about presentation methods for providing training? Audiovisual techniques are most effective when
otez555 [7]

Answer:

The best answer for this question would be: Webcasting involves classroom instructions that are provided online through live broadcasts.  

Explanation:

The other answers are incorrect because:

Audiovisual techniques are most effective when combined with other training strategies to provide context and opportunity for the learners to practice what they have learned.  

Mobile technologies do not include simulation, case, studies, and on-the-job training.  

The best people to be trained through teleconferencing would be those who are working from an office position, though not located in the same area as the training provider.  

Classroom instruction is still a popular training method, because it's relative ease of access compared to other methods.

3 0
2 years ago
O'Neill, Incorporated's income statement for the most recent month is given below. The marketing department believes that a prom
Nesterboy [21]

Answer:

$1,800

Explanation:

Here Decrease or increase can be calculated as under:

Increase in Revenue                                                           $15,000

Increase in Variable Cost (72k / 100k * $15,000)             ($10,800)

Increase in Promotional Cost                                           <u>  ($6,000)  </u>

Net Operating Income Decrease                                        ($1,800)

Hence the decrease in Net Operating Income would be by $1,800.

Note: As the complete question is not provided and is not found online, almost similar question was picked from the internet. So make sure you account for of the differences.

The Numerical section of the question is given as under:

8 0
2 years ago
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