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
navik [9.2K]
3 years ago
7

Ken's Car Repair uses a 35.00% material loading charge and a labor rate of $23.00 per hour. How much will be charged on a job th

at requires 11.00 hours of work and $110.00 of materials
Business
1 answer:
Art [367]3 years ago
4 0

Answer:

the amount charged on a job is $401.50

Explanation:

The computation of the amount charged on the job is shown below:

The Amount to be charged is

= Material Loading Charge + Labor Charge + Materials Cost

= 35% × $110 + $23 Per Hour × 11 Hours + $110

= $38.50 + $253 + $110

= $401.50

Hence, the amount charged on a job is $401.50

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

You might be interested in
Barnette Inc.'s free cash flows are expected to be unstable during the next few years while the company undergoes restructuring.
kykrilka [37]

Answer:

Horizon value = $883

so correct option is e. $883

Explanation:

given data

FCF is expected = $50 million

time = 5 year

CF growth rate = 6% = 0.06

average cost of capital = 12% = 0.12

to find out

the horizon value

solution

we know that FCF at year 6 is here

FCF at year 6  = principal ( 1 + rate )

FCF at year 6 = 50 × (1 + 6%)

FCF at year 6  = 53 million

and

Horizon value will be here

Horizon value =  \frac{FCF at year 6}{required rate- growth rate}  

Horizon value =  \frac{53}{0.12-0.06}

Horizon value = 883.33

Horizon value = $883

so correct option is e. $883

6 0
3 years ago
ABO purchased a truck at the beginning of 2018 for $140,000. They sold the truck at the end of 2019 for $95,000. If the expected
kompoz [17]

Answer:

Therefore, the entry to record the sale of the truck involves B. Debit Loss $5,000.

Explanation:

First determine the Accumulated depreciation on the Truck

Depreciation Expense = Cost - Residual Value / Estimated Useful years

                                     = ($140,000 - $20,000) / 6

                                     = $20,000

Accumulated Depreciation :

2018 : $20,000

2019 : $20,000

Total : $40,000

Then Process the Sales journal to determine the profit or loss on sale of Truck as follows :

Accumulated Depreciation $40,000 (debit)

Cash $95,000 (debit)

Profit and Loss $5,000(debit)

Cost : Truck $140,000 (credit)

Conclusion :

Therefore, the entry to record the sale of the truck involves B. Debit Loss $5,000.

5 0
3 years ago
How do you derive consumer equilibrium is the cardinal utility approach​
solniwko [45]

Answer:

According to utility analysis, the consumer will be in equilibrium when he is spending money on goods in such a way that the marginal utility of each good is proportional to its price. Let us assume that, in his equilibrium position, consumer is buying q1 quantity of a good X at a price P1.

Explanation:

please mark as brainliest

7 0
3 years ago
According to economists, natural resources, labor, capital, and entrepreneurship are called
Cloud [144]
It is called Factors of production. It is a financial term that depicts the data sources that are utilized as a part of the creation of merchandise or administrations keeping in mind the end goal to make a monetary benefit. The variables of creation incorporate land, work, capital, and business enterprise.
6 0
3 years ago
The area of a project site that is used by the building structure, defined by the perimeter of the building plan is the:
Gekata [30.6K]
Answer:  "building footprint" .
_____________________________________
6 0
4 years ago
Other questions:
  • You work for Amazon and you are charged with building consumer awareness for the latest version of the firm’s Kindle reader. Wha
    7·1 answer
  • Superfund legislation does not obligate the environmental protection agency to _____.
    11·1 answer
  • A manager engaged in the management function of ____ is determining organizational goals and the means for achieving them.a. pla
    8·1 answer
  • aspela Corp. had the same capital structure in year 7 and year 8, consisting of the following: Preferred stock, $12 par, 5% cumu
    7·1 answer
  • You are looking at an investment that has an effective annual rate of 14.3 percent. a. What is the effective semiannual return?
    5·1 answer
  • Economic facts in terms of number are known as​
    6·1 answer
  • Transcript Company is preparing a cash budget for February. The company has $150,000 cash at the beginning of February and antic
    6·1 answer
  • The channel of distribution consists of ___________, who assist in moving goods and services from producers to businesses and fr
    11·1 answer
  • The number of units expected to be sold is uniformly distributed between 300 and 500. If r is a random number between 0 and 1, t
    9·1 answer
  • In the field of organizational behavior, organizations are described as
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!