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pochemuha
2 years ago
14

Which of the following is an example of a

Business
1 answer:
serious [3.7K]2 years ago
7 0

Answer:

A Training

Explanation:

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Mumbai Travel Services provided the following​ information: Direct labor​ rate: $ 40 per hour Predetermined allocation rate for
galben [10]

Answer:

True

Explanation:

Labour rate (indirect cost) = $40 per hour

Labour rate (Direct cost) = $22 per hour

The total cost per hour is $40 + $22 = 62

For five hours the total labour cost will be = 62 * 5 = £310

According to the results, Mumbai travel will make a profit of $ 40.

8 0
3 years ago
Prospective financial information presented in the format of historical financial statements that omit either gross profit or ne
stepladder [879]

Answer:

The correct answer is Partial presentation.

Explanation:

Having the minimum presentation guidelines, the financial statements may be converted to basic statements or otherwise adapted to certain guidelines. The presentation is considered partial if it does not take into account one of the following items: (1) gross sales or income, (2) gross profit or cost of sales, (3) unusual or infrequent items, (4) provision for income taxes, (5) discontinued operations or extraordinary items, (6) income from continuing operations, (7) net income, (8) basic and diluted earnings per share, (9) significant changes in financial position.

7 0
3 years ago
Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approximate mont
devlian [24]

Answer:

Monthly interest rate = 2.16666667%

Explanation:

Given:

Annual percentage rate = 26% = 26 / 100 = 0.26

Total number of months in a year = 12 month

Monthly interest rate = ?

Computation of monthly interest rate :

Monthly interest rate = Annual percentage rate / Total number of months in a year

Monthly interest rate = 0.26 / 12

Monthly interest rate = 0.0216666667

Monthly interest rate = 2.16666667%

6 0
4 years ago
Suppose Lisa starts driving for Uber as a part-time job to supplement her income as a home-based web designer. When working as a
abruzzese [7]

Answer:

$12.5(at least) would be needed to induce Lisa for driving Uber instead of working on web designing.

Explanation:

Lisa makes $25 per job on web designing from her home and in the first hour she can complete 2 additional jobs. But as per the question by the eight hour she can only do .5 jobs which means that for the eight hour she would earn -

                        .5 x $25 = $12.5 ( per job she gets $25)

So if Lisa goes on doing work as uber driver she is going to loose $12.5 in the eight hour , so we can say that if Lisa is offered $12.5 hourly rate to work as cab driver then she is not going to miss out on the money she would have made as web designer from home.

3 0
3 years ago
Lumpkin Company sells lamps and other lighting fixtures. The purchasing department manager prepared the following inventory purc
KATRIN_1 [288]

Answer:

<u>February.</u>

Desired ending inventory = 10% of March Cost of goods(COGS):

= 10% * 35,000

= $3,500

Inventory needed = COGS + ending inventory

= 32,000 + 3,500

= $35,500

Beginning inventory = January ending inventory = $3,200

Required Purchases = Inventory needed - Beginning inventory

= 35,500 - 3,200

= $32,300

<u>March</u>

Desired ending inventory = 10% of April COGS:

= 10% * 40,000

= $4,000

Inventory needed:

= 35,000 + 4,000

= $39,000

Beginning inventory = February ending inventory = $3,500

Required purchases:

= 39,000 - 3,500

= $35,500

8 0
3 years ago
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