FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A job cost estimate includes 945 productive labour hours. In addition, it is anticipated that idle time will be 10% of the total hours paid

image text in transcribed
A job cost estimate includes 945 productive labour hours. In addition, it is anticipated that idle time will be 10% of the total hours paid for the job. The wage rate is $18 per hour. What is the total labour cost estimated or the job? Select one: a. $15,480 b. $18,720 c. $15,300 d. $18,900

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Accounting

Authors: Warren S. Carl

23rd Edition

0324555865, 978-0324555868

More Books

Students also viewed these Accounting questions

Question

★★★★★
Find the slope of the line containing the given points. (a) (b) (c) 4 (0,3) (5,0)

Answered: 1 week ago

Question

★★★★★
You've collected the following information for two stocks: The risk-free rate is 2% and the expected return on the market portfolio is 8%. What is the required return for stock 1 based on the CAPM?...

Answered: 1 week ago

Question

★★★★★
When you are sending an important message orally to another person, it is advisable to ask for a. clarification. b. a paraphrase. c. an empathic response. d. written instructions. e. all of the above.

Answered: 1 week ago

Question

★★★★★
Consider a database used to record the marks that students get in different exams of different course offerings. a. Construct an E-R diagram that models exams as entities, and uses a ternary...

Answered: 1 week ago

Question

★★★★★
A job cost estimate includes 945 productive labour hours. In addition, it is anticipated that idle time will be 10% of the total hours paid for the job. The wage rate is $18 per hour. What is the...

Answered: 1 week ago

Question

★★★★★
What is a secondary market? Where transactions may be undertaken by more than one trader Where the proceeds of securities sales go to the underwriters Where issued and outstanding securities are...

Answered: 1 week ago

Question

★★★★★
Scenario #1 A manufacturer advertises that its hand sanitizer kills the "Covid-19 virus on contact." The manufacturer has tested its hand sanitizer for effectiveness against other viruses, but not...

Answered: 1 week ago

Question

★★★★★
The Dallas Morning News reported the findings of a study by the Department of Transportation that examined the effect on average airfares when new, low priced carriers, such as Southwest Airlines or...

Answered: 1 week ago

Question

★★★★★
Alison, Blanca, Jaime, and Cuong are still relatively new employees at Deloitte. At least once a week, they use their workstation computers to watch videos of lectures or how-to guides, play games...

Answered: 1 week ago

Question

★★★★★
1/ The cost of housing is based on supply and demand. Group of answer choices True False Source: https://www.youtube.com/watch?v=R0h8kfA4i_A 2/ According to the video, in New York City,...

Answered: 1 week ago

Question

★★★★★
1. What factors lead to variations in demand for rooms at a hotel such as the Accra Beach?

Answered: 1 week ago

Question

★★★★★
3. What are the key considerations facing the hotel as it reviews the booking requests from the West Indies Cricket Board1?

Answered: 1 week ago

Question

★★★★★
2. Identify the various market segments currently served by the hotel. What are the pros and cons of seeking to serve customers from several segments?

Answered: 1 week ago

Previous Question Next Question