Answer:
Price ceiling binding
price floor non binding
price ceiling binding
Explanation:
A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
The minimum price is $2.30 which is less than the equilibrium price of $2.50. Thus, its a non binding price floor
Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
Effects of a binding price ceiling
1. It leads to shortages
2. it leads to the development of black markets
3. it prevents producers from raising price beyond a certain price
4. It lowers the price consumers pay for a product. This increases consumer surplus
the maximum price is 2.30 which is less than the equilibrium price of $2.50. Thus, its a binding price ceiling
Match the items according to their impact on aggregate demand (AD).
a. Increase AD
b. Decrease AD
c. will not change AD
1. A dramatic decline in the average price of houses.
2. An announcement by the central bank to maintain its existing monetary policy.
3. An increase in income tax, rates on individuals earning more than $450, 000 per year.
4. A dramatic improvement in the stock market, causing investors' wealth to rise.
5. A recession occurring in a trading partner's economy.
Answer:
A recession occurring in a trading partners economy
Help me pls
Jin is an accountant who works for the national government, auditing the tax returns of large corporations. The pathway of the Government and Public Administration cluster that Jin works in is:
Question 13 options:
Public Management and Administration.
Revenue and Taxation.
Foreign Service.
Planning.
Revenue and Taxation department is the pathway of the Government and Public Administration cluster that Jin works in.
The department of the Revenue and Taxation is a pathway that exist under the Public Administration.
The main role of the department of the Revenue and Taxation is to ensure collection of tax in the state, auditing of tax as well as remittance of tax revenue to the Federal coffers.
Hence, the Revenue and Taxation department is the pathway of the Government and Public Administration cluster that Jin works in.
Therefore, the Option B is correct.
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Answer:
Revenue and Taxation.
Explanation:
took the test
Marcus (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC). His parents will claim him as a dependent on their jointly-filed 2020 return. Their adjusted gross income is $125,000, and they paid $14,000 for Marcus' tuition during the year. What is the maximum AOTC Marcus' parents may be eligible to receive
The maximum AOTC that can be claimed by Andre’s parents is $2,500.
American Opportunity Tax Credit means a tax credit on education expenses which are incurred within first four years of a student’s higher education.
The full tax credit is allowed when modified adjusted gross income is $160,000 or less.100% of first $2000 spent on education expenses and 25% of next $2000 of qualifying education expenses.Maximum AOTC = $ 2000 + (0.25 × $2000)
Maximum AOTC = $2000 + $ 500
Maximum AOTC = $2500
Therefore, the maximum AOTC that can be claimed by Andre’s parents is $2,500.
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As a bank loan officer, you are considering a loan application by Endurance Sporting Goods. The company has provided you with the following information:
Cash $ 25,000
Account Receivable $45,000
Inventory $140,000
Fixed Assets $190,000
Current Liabilities $70,000
Long-Term Liabilities $90,000
Endurance Sporting Goods’ debt to owners' equity ratio (rounded to the nearest tenth of a percent) is
Endurance Sporting Goods’ debt to owners' equity ratio is 66.7%.
First step is to calculate the Owner's Equity
Owner's Equity=Total Assets - Total Liabilities
Where:
Total Assets =$25,000 + $45,000 + $140,000 + $190,000
Total Assets = $400,000
Total Liabilities =$70,000 + $90,000
Total Liabilities=$160,000
Let plug in the formula
Owner's Equity=$400,000-$160,000
Owner's Equity=$240,000
Second step is to calculate debt to owners equity ratio using this formula
Debt to owners equity ratio= Debt (total Liabilities)/Owner's Equity
Let plug in the formula
Debt to owners equity ratio = $160,000/$240,000
Debt to owners equity ratio = 0.667×100
Debt to owners equity ratio= 66.7%
Inconclusion Endurance Sporting Goods’ debt to owners' equity ratio is 66.7%.
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True or false?
Amelia is interested in government but also wants to travel around the world. A career in the Foreign Services pathway of the Government and Public Administration cluster might be a good fit for Amelia.
Question 11 options:
True
False
Considering the situation, it is True that a career in the Foreign Services pathway of the Government and Public Administration cluster might be a good fit for Amelia.
What is the Foreign Services pathway?Foreign Services pathway is a department in government public services whose expertise and undertakings are found in U.S. embassies, political and economic analysis, or assisting American citizens overseas.
Workers in the Foreign Services pathway works in the following places:EmbassiesConsulates Diplomatic missionsWashington, D.C., etc.Hence, in this case, it is concluded that the correct answer is True.
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Answer:
true
Explanation:
- identify changes and trends as a source of new enterprise ideas
Changes and trends are sources of new enterprise ideas. An example can be found in the advent of technology. The advent of internet-enabled devices has led to the growth of internet service providers. The use of headphones, Bluetooth devices, and other accessories has been borne because of new technologies that were not available some fifty years ago.
Changes in trends can lead to the birth of new businesses. Changes in weather condition that pose the risk of skin damage has led to the popularization of sunblocks.
Internet-enabled devices have also led to the introduction of enterprises that deal with gadgets accesories.
These examples show that changes and trends are sources of new enterprise ideas.
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explain element of business plan
Answer:
mark me as brainlest plzz
Explanation:
It should include a mission statement, a brief history of your business, and the highlights of your company's growth, your product or service and a summary of future plans. It also should explain why you are seeking financing and information about your banking and currency investors.
The data given below are from the accounting records of the Kuhn Corporation:
Net Income (accrual basis) $45,000
Depreciation Expense $9,000
Decrease in Accounts Payable $2,500
Decrease in Inventory $3,000
Increase in Bonds Payable $10,000
Sale of Common Stock for cash $30,000
Increase in Accounts Receivable $4,500
Based on this information, the net cash provided by operating activities using the indirect method would be:__________.
a. $55,000
b. $58,000
c. $50,000
d. $60,000
The net cash provided by operating activities using the indirect method would be: c. $50,000.
Net Cash From Operating Activities
Net income $45,000
Depreciation expense $9,000
Decrease in accounts payable ($2,500)
Decrease in inventory $3,000
Increase in accounts receivable ($4,500)
Net cash provided by operating activities $50,000
Inconclusion the net cash provided by operating activities using the indirect method would be: c. $50,000.
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Classify the type of data analytics (descriptive, diagnostic, predictive, prescriptive, or adaptive and autonomous) being used in each of the following situations.a. McGowan Company provides managers with regular Key Performance Indicator (KPI) dashboards. b. Zerrot Corporation issues monthly revenue reports. c. Wheelson Company uses customer analytics and sales history to determine how to drive repeat purchases by customers. d. Courtyard Freight investigates the cause of slow shipments in the southeastern region. e. Medavoy Operations uses statistical software to forecast sales. f. Johnson Stores, Inc., drills down through data to find out which marketing activities were most effective in generating sales. g. Michelson Corporation uses machine learning, artificial intelligence, and algorithms to continually make decisions in real-time about which sales promotions to run in each market.
Based on the definitions of these data analytic types, the following are true:
a. Descriptive analysis b. Descriptive analysis c. Prescriptive analysis d. Diagnostic analysis e. Predictive analysis f. Diagnostic Analysis g. Adaptive and Autonomous analysisDescriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.
Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.
Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.
Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.
Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.
In conclusion, there are different types of data analytics that can be used.
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The Demand Curve is a line that is
downward sloping and to the right.
What important aspect of demand
does this illustrate?
A. At high prices, people want a small quantity. At low
prices, people want a large quantity.
B. At high prices, people want a large quantity. At low
prices, people want a small quantity.
C. People are indifferent to price.
Answer:
A. At high prices, people want a small quantity. At low
Explanation:
Magnus was just reprimanded by his supervisor for sending personal emails and shopping online during company time. Magnus was reprimanded for:
Answer:
khana iridium 88 egg e
Explanation:
d run jdd
Consider a hypothetical business problem of increased number of incidents and service requests raised by the users that was affecting the turnaround time at their IT help desk. Which tool set combination has the potential to provide the complete end to end solution
Based on the information given, the set of tools that will be used include kore ai, smart analysis, ikon, dynatrace, and remedy.
From the complete information, smart analytics simply means the process of collecting and analyzing data in order to help businesses make better decisions.
Dynatrace is also important as it provides a softwares platform that's based on artificial intelligence which will help achieve organizational goals.
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At a single-phase, multiple-channel service facility, customers arrive randomly. Statistical analysis of past data shows that the interarrival time has a mean of 20 minutes and a standard deviation of 4 minutes. The service time per customer has a mean of 15 minutes and a standard deviation of 5 minutes. The waiting cost is $200 per customer per hour. The server cost is $25 per server per hour. Assume general probability distribution and no buffer capacity restriction
Required:
a. Find the optimal number of servers to be employed to minimize the total of waiting and server costs.
b. Find the average waiting time and the average total time through the system for the optimal case.
c. Find the cost per hour, average waiting time, and average flow time for one server if the probability distributions for the interarrival time and service time are assumed to be exponential and the mean values remain the same. .
Sophia is an undergraduate intern at her Senator's office in Washington, DC. She loves her job, as it
allows her to see the process of lawmaking up-close and in person. Her Senator has asked her to
prepare him for an upcoming meeting with lobbyists representing the pharmaceutical industry, who
would like to see legislation extending the term of drug patents beyond twenty years. Sophia's
research reveals that the twenty-year exclusivity period given to companies while a drug is patented
is hugely valuable, allowing the companies to reap billions of dollars in profit. Even as a patent nears
expiration, federal law makes it easy for drug companies to obtain a five-year extension on a patent
simply by making a few minor tweaks such as changing the delivery mechanism of a drug (faster or
slower dissolving), or by combining two drugs together. After a drug loses patent protection, it
becomes much easier for generic manufacturers to copy the drug, which causes the price of the drug
to plummet, making it much more affordable for people to buy
a
s
On the other hand, she learns that bringing a new drug to market takes roughly 14 years, at a cost of
$1.3 billion. For every drug that makes it to market, more than 50 other research programs will fail.
Even if the FDA approves a drug, only two out of 10 approved drugs will be profitable. Since 2006,
brand drugs have lost an estimated $60 billion in sales due to patent expirations. By 2015, this
number is expected to climb to $160 billion.
ency
gal
How should Sophia advise her senator? Why?
Sophia should advise her senator to consider all aspects of patents and the economic impact on producers and consumers, to benefit everyone equally.
According to the information found by Sophia, the senator must take into account the most important information for the meeting with representatives of the pharmaceutical industry. For example, she must take into account that currently pharmaceutical companies already have a long reservation of their patents of maximum of 25 years in which they recover the money invested and earn billions of dollars.
However, this is not enough because pharmaceutical companies also lose about 1.3 billion on some drugs. After all, only 2 out of 10 drugs put on the market are profitable.
According to the foregoing, it would be fair for pharmaceutical companies to extend the term of exclusivity of patents because this time would bring them greater profits that would balance the great possibilities of loss that they have with other research and with drugs that go on the market.
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A firm purchased $120,000 worth of light general-purpose trucks. The operations of the trucks lead to annual income of $60,000 for years 1~4. These trucks were then sold for $20,000 at the end of year 4. Assume a 30% combined tax rate. With a 40% bonus depreciation plus MACRS depreciation, do the following.
(a) (10 pts) Calculate the before-tax IRR.
(b) (10 pts) Calculate the after-tax IRR.
The before-tax IRR is 37.93%
The after-tax IRR is 19.32%
The internal rate of return (IRR) is defined as the return rate on a project investment project over a periodic lifespan.
It is also referred to as the net present value of an investment project which is zero. It can be expressed by using the formula:
[tex]\mathbf{0= NPV \sum \limits ^{T}_{t=1} \dfrac{C_t}{(1+1RR)^t}- C_o}[/tex]
where;
[tex]\mathbf{C_t}[/tex] = net cash inflow for a time period (t)[tex]\mathbf{C_o=}[/tex] Total initial investment cost(a)For the before-tax IRR:
The cash outflow = $120000
Cash Inflow for the first three years = $60000
Cash inflow for the fourth year = $60000 + $20000 = $80000
∴
Using the above formula, we have:
[tex]\mathbf{0 = \dfrac{60000}{(1+r)^1}+ \dfrac{60000}{(1+r)^2}+ \dfrac{60000}{(1+r)^3}+ \dfrac{80000}{(1+r)^4}}[/tex]
By solving the above equation:
r = 37.93%
(b)For the after-tax IRR:
The cash outflow = $120000
Recall that:
Cash Inflow = Cash inflow × Tax rate∴
For the first three years; the cash inflow is:
[tex]\mathbf{=60000 -(60000\times 0.3) } \\ \\ \mathbf{ = 60000 -18000} \\ \\ \mathbf{ = 42000}[/tex]
For the fourth year, the cash inflow is
[tex]\mathbf{=80000 -(60000\times 0.3) } \\ \\ \mathbf{ = 80000 -18000} \\ \\ \mathbf{ = 62000}[/tex]
Using the above IRR formula:
[tex]\mathbf{0 = \dfrac{42000}{(1+r)^1}+ \dfrac{42000}{(1+r)^2}+ \dfrac{42000}{(1+r)^3}+ \dfrac{62000}{(1+r)^4}}[/tex]
By solving the above equation:
r = 19.32%
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Which non-income factor for a potential job would influence a person who values easy access to entertainment and culture?
a
Job security
b
Working hours
c
Location
d
Availability of benefits
Answer:
C
Explanation:
Do to the rEASON I FOUND ONLINE
The non-income factor for a potential job that would influence a person who values easy access to entertainment and culture is Location.
What do you mean by the job?A job refers to the specific task that needs to be done as part of the routine of one's occupation for an agreed price.
The non-income factor for a potential job that would influence a person who values easy access to entertainment and culture is Location.
Therefore, C is the correct option.
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You are considering employment opportunities after graduation. What would you look for in identifying a prospective employer's company's culture
Answer:
What would you look for in identifying a prospective employer's company's culture?
Explanation:
benchmarking the company's performance of activities and business processes against "best-in-industry" performers
We would look for the atmosphere, spirit and character that pervades the work climate and the values, business principles, and ethical standards that management preaches and practices in identifying a prospective employer's company's culture.
What do you understand about the company's culture?A company's culture is how we do what we do in the workplace. It’s the sum of our formal and informal systems and behaviours and values, all of which create an experience for our employees and customers. At its core, company culture is how things get done around the workplace. “How” includes both the formal systems and the informal behaviours.
For example, our company may use instant messaging software to communicate throughout the day, and it may also be okay to yell at a coworker to get your point across. Our systems and behaviours give employees the rules of the road for interacting with the business, and each other.
Company culture is often something we can feel, even as an outsider.
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Suppose that you are in charge of an insurance company. Two kinds of people want insurance, healthy people who probably will not get sick this year and unhealthy people who probably will get sick this year. Healthy people expect to pay, on average, $4,000 on medical bills this year. Unhealthy people expect to pay, on average, $8,000 on medical bills this year. Consider these assumptions and then answer the problem.
(i) People will not pay more for insurance than they expect to pay in medical bills; people are risk neutral. As such, healthy people will not pay more than $4,000 for insurance, and sick people will not pay more than $8,000.
(ii) You want to insure as many people as possible, but you cannot charge less for insurance than you expect to pay out. If you do, you will go bankrupt, and you will not be able to pay the medical bills of some people who get sick.
(iii) People know whether they are healthy or unhealthy, but it is either impossible or illegal for you to know whether a person is healthy or unhealthy. This means that you cannot charge less to healthy people and more to sick people since you do not know which individuals fall into each group.
(iv) There are an equal number of healthy and unhealthy people.
How much will you charge for insurance in equilibrium, and who will buy insurance?
a. You charge $2,000 and everyone buys insurance.
b. You charge $3,000 and only unhealthy people buy insurance.
c. You charge $1,000 and everyone buys insurance.
d. You charge $1,000 and only healthy people buy insuran.
e. You charge $3,000 and everyone buys insurance.
The equilibrium premium, which balances the premiums charged to healthy and unhealthy people, charged for insurance under this scenario is e. You charge $3,000 and everyone buys insurance.
$3,000 will be affordable to both the healthy and the unhealthy. This amount of premium will enable both classes to buy insurance.
It will not benefit the company to charge:
$2,000 and enable everyone to buy insurance$3,000 and enable only unhealthy people to get insurance$1,000 so that only the healthy people to buy insurance$1,000 because only healthy people buy insurance.Thus, the insurance premium charged should be Option E.
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How will unemployment trends impact a person's professional career choice?
Answer:they can make them not want to work anymore
Explanation:
Prepare Cash Budget For 3 Months Brewster Corporation expects the following cash receipts and disbursements during the first quarter of 2016 (receipts exclude new borrowings and disbursements exclude interest payments on borrowings since January 1, 2016)
January February March
Cash receipts $280,000 $300,000 $270,000
Cash disbursements 260,000 340,000 280,000
The expected cash balance at January 1, 2016, is $62,000. Brewster wants to maintain a cash balance at the end of each month of at least $60,000. Short-term borrowings at 1% interest per month will be used to accomplish this, if necessary. Borrowings (in multiples of $1,000) will be made at the beginning of the month in which they are needed, with interest for that month paid at the end of the month. Prepare a cash budget for the quarter ended March 31, 2016.
Brewster Corporation's Cash Budget for the three months will be prepared as follows:
Cash Budget
January February March
Beginning balance $62,000 $82,000 $60,810
Cash receipts $280,000 $300,000 $270,000
Borrowings 19,000 10,000
Total cash available $342,000 $401,000 $340,810
Cash disbursements 260,000 340,000 280,000
Interest payment on loan (190) (290)
Ending balance $82,000 $60,810 $60,520
Minimum cash balance $60,000 $60,000 $60,000
Data and Calculations:
January February March
Beginning balance $62,000 $82,000 $60,810
Cash receipts $280,000 $300,000 $270,000
Borrowings in February and March = $19,000 and $10,000
Interest payment on loans (February) = $190 ($19,000 x 1%)
Interest payment on loans (March) = $290 ($29,000 x 1%)
Required minimum monthly cash balance = $60,000
Thus, Brewster Corporation's cash budget for the first quarter of 2016 shows a cash balance of $60,520 with a loan of $29,000.
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23-The journal entry to record a payment made on an installment note would include:
a. A debit to Installment Note Payable
b. A debit to Interest Expense
c. A credit to Cash
d. All the above
A. Purcha
C. Purchase of in 2018.
Hell how may I assist you in any way if so ask away in the comments as a fellow Brainly user I am here to help and next time if you will please write a full question so we are able to answer.
A life-cycle fund holds assets designed to meet the needs of individuals who Group of answer choices will need funds for college costs in 2030 will retire at a particular age believes a recession is eminent plans to retire in 2050
It should be noted that life-cycle fund holds assets designed to meet the needs of the owner that want to retire at a particular age.
Life-cycle funds can be regarded as an asset-allocation funds, whereby there an adjustment is been done on share of each asset class as the retirement date of the owner is getting closer.
In this case, the percentage of bonds as well as the other fixed-income investments of the owner usually goes up.
Therefore, life-cycle fund is been referred to as assets so that some needs of the owner that is going to retire at a particular age.
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Carol is a single mother with two qualifying dependent children. The amount of her Child Tax Credit was limited by her tax liability. Carol may qualify for: The Additional Child Tax Credit. An additional itemized deduction. An additional adjustment to income. An additional nonrefundable credit.
Considering the situation described above, Carol may qualify for "the Additional Child Tax Credit."
What is Additional Child Tax Credit?Additional Child Tax Credit is defined by the Internal Revenue Service (IRS) as the refundable credit individuals may receive if their Child Tax Credit is more than the total amount of income taxes they owe, in as much they meet other listed requirements.
Given that Carol has more than one child, this may lead to Additional Child Tax Credit for her, in as much her children qualified or eligible for the Additional Child Tax Credit.
Hence, in this case, it is concluded that the correct answer is option A. "The Additional Child Tax Credit."
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Ok, I actually need a lot of help- 30 points to whoever can
Abdul works as a regulator at the Bureau of Consumer Protection. His agency makes sure that consumers are treated fairly. What task might be part of Abdul's job at his agency?
Question 6 options:
drawing up ideas for the new city park
drafting a proposal for the state government budget
recording information about a fraudulent business
meeting with heads of state to discuss trade
Answer:
I would say that the answer is "recording information about a fraudulent business".
Explanation:
His job is to make sure that consumers are treated fairly.
What should I make handmade for a Christmas gift
Answer:
it really depends on the person what is that person into like maybe draw one of theree favroite things paint them something thats all i can think of for homemade
Explanation:
Data warehouses may contain many _____, subsets of a data warehouse that each deal with a single area of data.
Considering the nature of data analysis, Data warehouses may contain many data marts, subsets of a data warehouse that each deal with a single area of data.
What is Data Mart?A data mart is generally known to be part of data warehouses. It is used for quick analysis of business segments.
A data mart concentrates on a specific chain of business or department.
One of the advantages of a data mart is to ensure that little or no time is wasted while looking through a whole data warehouse.
Hence, in this case, it is concluded that the correct answer is Data Mart.
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1. Cedric enters into a contract with Claudia to buy her house for $150,000. Claudia decides later not to sell
because she is so emotionally attached to the house. Cedric insists that he is entitled to the house. Cedric can
successfully sue for specific performance.
Answer:
True
Explanation:
Trust me
On March 21, 2021, Christine worked 5.5 hours on Job A-1, and 3 hours on general "overhead activities." Christine is paid $15 per hour. Overhead is applied based on $23 per direct labor hour. Additionally, on March 21 Job A-1 requisitioned and entered into production $290 of direct material. On March 21, Christine, while working on Job A-1 used $27 of indirect material. Indirect material is included in the overhead application rate. Use this information to determine the total cost that should have been recorded in the Work in Process for Job A-1 on March 21?
Answer:
1. Total cost (TC) in WIP of Job A-1 is $456.00 2. Completed number of units is 2,675. 3. Equivalent unit (EU) of production for conversion is 34,560 units.
The total cost that should have been recorded in the Work in Process for Job A-1 on March 21 is $499.
What is The Total Cost?
Whole cost refers to the total cost of achieving a certain level of output; average or unit cost is calculated by dividing total cost by amount produced.
The total cost includes the Direct material, direct labor, direct Expenses and the indirect costs.
Computation of Total Cost for Job A-1 on May 21:
According to the given information,
Direct Material = $290,
Direct Labor:
[tex]\text{Direct Labor} = \text{Direct LaborHour} \times \text{Direct Labor Hour Rate}\\\\\text{Direct Labor} = 5.5 \times \$15\\\\\text{Direct Labor} = \$82.5[/tex]
Then find the Overhead Cost:
[tex]\text{Overhead Cost} = \text{Direct Labor Hour} \times \text{Overhead Rate Per Hour}\\\\\text{Overhead Cost} =5.5 \times \$23\\\\\text{Overhead Cost} =\$126.5[/tex]
Then the Total Cost is:
[tex]\text{Total Cost}= \text{Direct Material + Direct Labor + Overheads}\\\\\text{Total Cost}= \$290+\$82.2+\$126.5\\\\\text{Total Cost}= \$499[/tex]
Therefore, the Total cost is $499.
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A hierarchical listing of what must be done in a project is called a: Multiple Choice work breakdown structure (WBS). PERT. planning matrix. crashing plan. critical path.
A hierarchical listing of what must be done in a project is called: work breakdown structure (WBS).
During the course of a project, a work breakdown structure is compiled that states the various stages in the course of the project. These stages are broken down into manageable bits.
Tasks and subtasks are included so that the engineers know where they are in the course of the project.
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