Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 24, 2024

What is the chargeout rate for repair shop worker if direct labour is $ 35 per hour and overhead is 80 percent of direct labour

What is the chargeout rate for repair shop worker if direct labour is $ 35 per hour and overhead is 80 percent of direct labour assuming there is a zero profit margin? Select one: a $ 70 b. $ 56 O c. $ 63 O d. $ 28

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

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

Step: 2

Step: 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

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions

Question

Using the large sample confidence interval formula for the mean, compute a 98% confidence interval for the mean when (a) ???? = 173, ???? = 33.2, and ???? = 3.4. (b) ???? = 211, ???? = 561.7, and...

Answered: 1 week ago

Question

★★★★★

Allison Cooper opened Allisons Toy House. As her newly hired accountant, your tasks are to do the following: 1. Journalize the transactions for the month of October. 2. Record to subsidiary ledgers...

Answered: 1 week ago

Question

★★★★★

Determine the present value of ten-year bonds payable with face value of $90000 and stated interest rate of 14%, paid semiannually. The market rate of interest is 12% at issuance.

Answered: 1 week ago

Question

★★★★★

Jordan Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percent of sales. Note: Percentages...

Answered: 1 week ago

Question

★★★★★

QUESTION 1 Q1 Choose one . 5 points A moving electron has_ Only an electric field O Only a magnetic field O Both electric and magnetic fields O Neither electric or magnetic fields. QUESTION 2 Q2...

Answered: 1 week ago

Question

★★★★★

4. A boy is standing at the base of a tree. In the Bee are his "friends" throwing water-balloons full of hot sauce at him. It's not a prettyr scene. Our hero wants to hit one of (if not all of) these...

Answered: 1 week ago

Question

★★★★★

An astronaut with a total mass M (including his equipment) has been accidentally separated from his shuttle and is at rest with respect to the ship at a distance d away. His tank contains a mass m,...

Answered: 1 week ago

Question

★★★★★

As the new production manager of a small manufacturing plant in Tennessee, you've been charged with making beneficial changes to the production line. After interviewing nearly all of the workers,...

Answered: 1 week ago

Question

★★★★★

Reep Construction recently won a contract for the excavation and site preparation of a new rest area on the Pennsylvania Turnpike. In preparing his bid for the job, Bob Reep, founder and president of...

Answered: 1 week ago

Previous Question Next Question