Answer:
b. $75.
Explanation:
The computation of the time charge per hour is shown below;
But before that the total charge is
Labour Charge = $800,000
Overhead Cost = $480,000
Target Profit = $220,000
Total Charge = $1,500,000
Now
time charge per year is
= $1,500,000 ÷ 20,000 direct labor hours
= $75 per year
Hence, the company's time charge per hour is $75 per year
Therefore the correct option is b.
<span>$582
Customer paid $600.
Credit company charged 3%, which is 0.03*$600 = $18.
Thus, the reminder to collect from the credit company is $600 - $18 = $582.</span>
100% percent State Farm
Who wOuLdN’t
Answer:
Here is Dave's investing philosophy: Get out of debt and save up a fully funded emergency fund. Invest 15% of your income in tax-favored retirement accounts. Invest in good growth stock mutual funds