All categories

3 years ago

1. Why might a company claim that the total cost of employing a person is $15.30 per hour

1 answer:

6 0

Companies often do work on a cost-reimbursement basis. That is, Company B reimburses Company A for the cost of doing work for Company B. Suppose your company has a contract that calls for reimbursement of direct materials and direct labor, but not overhead. Following are costs that various organizations incur; they fall into three categories: direct materials (DM), direct labor (DL), or overhead (OH). Classify each of these items as direct materials, direct labor, or overhead.

You might be interested in

Knowledge Check 01 Addison Corporation is considering the purchase of equipment that would increase sales revenues by $250,000 p

Flauer [41]

Answer:

C. 25.5%

Explanation:

Net operating cashflow = (250,000 - 100,000) = 150,000; This is a recurring cashflow; the PMT

Cost of equipment; the PV = 400,000

Next, calculate the rate of return using Net operating cashflow per year and the equipment cost. You can do this with a financial calculator;

N =5

PMT = 150,000

FV = 0

PV = -400,000

then CPT I/Y = 25.41%

Therefore the return is closest to 25.5%

8 0

3 years ago

Can somone awnse r my math question in my questions on my profile caus im low in math

bazaltina [42]

Answer:

Yeah

Explanation:

Thats fine let me answer them.

6 0

3 years ago

It is important to know your own strengths and weakness. Please select the best answer from the choices provided T F.

Schach [20]

Answer:

True 

Explanation:

Knowing one's weaknesses and our strengths gives you better understanding of yourself and how you best operate.

6 0

2 years ago

Smith Company reported pretax book income of $406,000. Included in the computation were favorable temorary differences of $51,20

masha68 [24]

Answer:

$3,604

Explanation:

Calculation for what Smith's deferred income tax expense or benefit would be:

Using this formula

Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate

Let plug in the formula

Deferred income tax expense =($51,200-$40,600)*21%

Deferred income tax expense =$10,600*34%

Deferred income tax expense =$3,604

Therefore Smith's deferred income tax expense or benefit would be:$3,604

8 0

3 years ago

Vulcan, Inc., has 8.5 percent coupon bonds on the market that have 8 years left to maturity. The bonds make annual payments and

irga5000 [103]

Answer:

$895.22

Explanation:

We use the present value formula to determine the current bond price i.e shown in the attachment below:

Given that,

Future value = $1,000

Rate of interest = 10.5%

NPER = 8 years

PMT = $1,000 × 8.5% = $85

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the current bond price is $895.22

7 0

3 years ago