What is the direct labour rate for engineeers

Assignment Help Accounting Basics
Reference no: EM132752001

Question - What is the direct labour rate for engineeers when the charge out rate for engineers is $80 per hour and the overhead is calculated at 60 per cent of direct labour, assuming there is zero profit margin?

a. $32

b. $48

c. $50

d. $128

e. $130

Reference no: EM132752001

Questions Cloud

What celia fabric current ratio indicates : Using the Industry average as a guide, Celia Fabric's current ratio for 2015 indicates that the business's ability to pay current debts is
Discuss the conflict of interest in an organisation : Briefly discuss the conflict of interest in an organisation. Explain the possibilities of employees abusing official position with examples.
At what amount should the land be carried : Howard's ordinary share had a market value of 40 per share on September 1, 2019. At what amount should the land be carried
Determine the nitrogen base sequence of dna : What will determine the nitrogen base sequence of DNA in a new strand of DNA?
What is the direct labour rate for engineeers : What is the direct labour rate for engineeers when the charge out rate for engineers is $80 per hour and the overhead is calculated at 60 per cent
How can theory be applied to make program more effective : In your opinion, what theory of motivation could most effectively influence workplace performance? Describe the theory and explain your rationale for selecting.
Compute the manufacturing overhead : During the month of April, direct labor cost totaled $25,000 and direct labor cost was 25% of prime cost. Compute the manufacturing overhead
Appling a range of management accounting techniques : Demonstrating and understanding of management accounting system and Appling a range of management accounting techniques
How organisation development can improve the implementation : Select any three worldwide strategic orientations discussed in class and describe how organisation development can improve the implementation of those.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What unit cost is relevant for minimum selling price

The units must be sold through regular channels at reduced prices. What unit cost is relevant for establishing a minimum selling price for these units

  What did tread company report for net income

The Tread Company's December 31 financial statements reported the following (in millions): Sales $30,316. What did Tread Company report for net income

  Amount of wiley net income for the month

Wiley Company had total revenues of $300,000 for a recent month. During the month the company incurred operating expenses of $205,000 and purchased land for $45,000. Compute the amount of Wiley's net income for the month.

  Prepare the necessary journal entry at December

The equipment had an original cost of $200,000 when purchased on January 1, 2015. Prepare the necessary journal entry at December

  Calculate the Swifty gross profit

Swifty Company has sales revenue of $59100, cost of goods sold of $35400 and operating expenses of $15000, Calculate the Swifty gross profit

  Determine Stellas QBI deduction

Stella has QBI from her accounting firm of $540,000, she reports W-2 wages of $156,000, Determine Stella's QBI deduction for 2019

  Conduct a financial analysis of companies

Conduct a financial analysis of both listed companies. Evaluate these entities' profitability, liquidity, financial stability and attractiveness as an investment.

  What are two examples of batch-level activities for jetblue

the questions in this exercise are based on jetblue airways corporation. to answer the questions you will need to

  Question regarding increased productivity

A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts.

  Journalize the transactions, events, and closing entries

Dec. 31 Determined that net income for the year was $355,000. Journalize the transactions, events, and closing entries for net income and dividends

  What is Russells basis in the new land

Sarah exchanges investment real estate with Russell. Russell pays Sarah enough in cash to balance the exchange. What is Russell's basis in the new land

  Question - Exchange of a PPE for a Financial Asset

Question 2 - Exchange of a PPE for a Financial Asset - Compute for the gain on exchange to be recognized in 2018

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd