Answer:
$140 per hour
Explanation:
The computation of labor charge per hour is shown below:-
Labor charge per hour = (Total of Wheels 'N Spokes Repair Shop ÷ labor hours) + Profit margin
= ($500,000 ÷ 5,000 hours) + $40 per labor hour
= $100 per hour + $40 per hour
= $140 per hour
Therefore for computing the labor charge per hour we simply applied the above formula.
Answer:
$418,200
Explanation:
Period Costs under Variable Costing include (1) Fixed Manufacturing Overheads and (2) All Non-Manufacturing Expenses.
<u>Calculation of Period Costs</u>
Fixed manufacturing overhead $260,700
Fixed selling and administrative expense $120,000
Variable selling and administrative expense ($5 × 7,500) $37,500
Total Period Cost $418,200
Answer:
D.) $75,000
Explanation:
Amount of revenue recognized = Cost incurred to date / Estimated total cost * Contract price
Cost incurred to date=60,000
Estimated total cost=400,000
Contract price=500,000
Amount of revenue recognized= 60,000/400,000 * 500,000
=0-15 * 500,000
=$75,000
Amount of revenue recognized in year 1 is $75,000
<span>The direction that Lucas's motor development is proceeding is from his midline to his extremities. This is also similar to what is known as crossing the midline, which is when a child has mastered the bilateral skill which allows them to do tasks such as touching an elbow, crossing both ankles or as Lucas reading left to right.</span>
Answer:
XYZ Company
In conducting a SWOT analysis, the launch of the competitor's product represents an opportunity.
b. False
Explanation:
The launch of the competitor's product represents a threat to XYZ Company. It reduces XYZ Company's market competitiveness and profitability. XYZ Company may even be driven out of the market by the competitor, thus leading to massive loss for the company. However, threats must be overcome and turned into opportunities for future product development.