What price should quote if the job is likely to take 30 hour

Assignment Help Financial Accounting
Reference no: EM131201814

Practice questions:

Jill Collis has decided to start a business as a garden designer. She wishes to pay herself a salary of £25 per hour and rents an office for £300 per month. Her other estimated monthly costs are as follows:

                       £

Telephone      140

Lighting            20

Advertising       80

Car                 300

She anticipates that in a month she should be able to work for 80 hours and intends to quote for work at total cost plus 15% profit.

A potential client invites her to quote for a garden design and she calculates the cost of materials in terms of photographs, drawings, etc.will be £70.

What price should she quote if the job is likely to take 30 hours?

Reference no: EM131201814

Questions Cloud

List changes that apple has made to its code of conduct : List specific changes that Apple has made to its Code of Conduct in recent years. Provide at least one example of each change. Explain the identified changes to the suppliers in such a way that they will understand the standards.
Summary of the case - australian safeway stores v zaluzna : HA2022: BUSINESS LAW Group Assignment. From a group of between three and five students, select a case from one of the cases below. Select the party you wish to represent i.e. Plaintiff or Defendant; Research your selected case on Austlii
What is the yield to call of the bond : It is offered for sale at $1,090.90. What is the yield to call of the bond? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)
Problem regarding the unbiased expectations theories : According to the unbiased expectations theories, what does the market expect the 1-year Treasury rate to be eight years from today, E(9r1)? (Do not round intermediate calculations and round your answer to 2 decimal places.)
What price should quote if the job is likely to take 30 hour : Jill Collis has decided to start a business as a garden designer.- What price should she quote if the job is likely to take 30 hours?
Describes the successful leadership styles : Evaluate your results and determine how you can change or improve your style to fit the "successful 21st leadership style". In your evaluation explain how the reading material describes the successful leadership styles for the 21st century and how..
How we can sustain our college life : Time to focus on college campuses and how we can sustain our college life. Also a time to see what others are doing to help. I want you to visit http://www.aashe.org/ and find something interesting to post to everyone along with your comments.
Compute the standard deviation : The past five monthly returns for PG&E are -3.55 percent, 4.83 percent, 4.15 percent, 7.04 percent, and 3.96 percent. Compute the standard deviation of PG&E's monthly returns. (Do not round intermediate calculations and round your final answer to ..
Knowledge of finance important : Why is knowledge of finance important in running of organizations?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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