If a worker earns $30 per hour in salary but the project is charged $75 per hour

Question:

If a worker earns $30 per hour in salary but the project is charged $75 per hour for each hour the individual works, then the overhead rate is:
A. 100%
B. 150%
C. 250%
D. None of the above

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Project Management A Systems Approach To Planning Scheduling And Controlling

ISBN: 9781119805373

13th Edition

Authors: Harold Kerzner

See More Books

Question Posted: Sep 27, 2023 08:16 AM

See More Questions

Farley Corporation begins the year with a beginning inventory of 3,700 units at $5 per unit. The company buys 5,700 units at $4 each in February and 2,700 units at $6 each in March. Farley sells...
Would Compass have a liability to Client A at the end of period 6, 2015? Would Compass have a liability to Client A at the end of period 11, 2015? Per the contract "company will operate the food...
The binding constants for Mg2+ and Ca2+ are too similar for the species to be determined independently by titration without proper treatment. When a dilute NaOH solution is added to the tap water...
Mo-Kan Company incurs a $6 per unit cost for Product A, which it currently manufactures and sells for $9 per unit. Instead of manufacturing and selling this product, the company can purchase Product...
What properties of the memory system make it both highly functional and also prone to error? (213)
(Ascertainment of work uncertified) M/s Kishore & Company commenced the work on a particular contract on 1st April 1997. They close their books of accounts for the year on 31st December each year....
The following information was taken from the accounts of Healthy Eats, a delicatessen, at December 31, 2013. The accounts are listed in alphabetical order, and each has a normal balance. Accounts...
What cost concept used in applying the cost-plus approach to product pricing covers selling expenses, administrative expenses, and desired profit in the markup? Select an answer and submit. For...
David R. and Ella M. Cole (ages 39 and 38, respectively) are husband and wife who live at 1820 Elk Avenue, Denver, CO 80202. David is a self-employed consultant, specializing in retail management and...
Information supplied to a customer to support the financial data provided in a proposal is commonly called: A. Backup data B. Engineering support data C. Labor justification estimates D. Legal rights...
Which of the following would be considered a cost-estimating relationship (CER)? A. Mathematical equations based on regression analysis B. Learning curves C. Costcost or costquantity relationships D....
According to Zeno's paradox any object in motion must arrive at the halfway point before it can arrive at its destination. Once arriving at the halfway point, the remaining distance is once again...
1. State the difference between lists and tuples in Python programming. 2. Explain why Python is an Interpreted Language
1. How does Python handle memory? 2. Python's ternary operators: how do they work? 3. How is Python's multithreading implemented
In a relational database, explain the difference between Inner join & Outer join. Provide an example query for each and describe the result set produced by each query.
The balance in the prepaid insurance account, before adjustment at the end of the year, is $27,000. Journalize the adjusting entry required under each of the following alternatives for determining...
31. What is the income that can be received over 15 years from $500,000 earning 6% annually? 32. What is the semiannual payment required to retire $50,000 in debt over 5 years at 8% compounded...
Can a WBS always be established for attaining an objective?
Who determines the work necessary to accomplish an objective?
What roles does a functional manager play in establishing the first three levels of the WBS?
In 2019, Sunland Company had a break-even point of $388,000 based on a selling price of $5 per unit and fixed costs of $155,200. In 2020, the selling price and the variable costs per unit did not...
11. String Conversion Given a binary string consisting of characters '0's and '1', the following operation can be performed it: Choose two adjacent characters, and replace both the characters with...
Consider the table shown below to answer the question posed in part a. Parts b and c are independent of the given table. Callaway Golf (ELY) Alaska Air Group (ALK) Yum! Brands (YUM) Caterpillar...

If a worker earns $30 per hour in salary but the project is charged $75 per hour

Question:

Step by Step Answer:

Project Management A Systems Approach To Planning Scheduling And Controlling

Students also viewed these Business questions