This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Elite Stationary employs 20 full-time employees and 10 trainees. Direct and indirect costs are ... (Read 276 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Mar 6, 2021
Elite Stationary employs 20 full-time employees and 10 trainees. Direct and indirect costs are applied on a professional labor-hour basis that includes both employee and trainee hours. Following is information for 2018:

BudgetActual
Indirect costs$250,000$400,000
Annual salary of each employee$200,000 $250,000
Annual salary of each trainee$40,000$45,000
Total professional labor-hours40,000dlh50,000dlh

When a normal costing system is used, clients using proportionately more full-time employees than trainees will ________.
◦ be over billed for actual resources used
◦ be under billed for actual resources used
◦ be billed accurately for actual resources used
◦ result in an under allocation of direct costs
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by moongchi on Mar 6, 2021

heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


Ahmed El awad

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Aug 23, 2022
thank you
« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010 Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010
W-4 form used by employees to request IRS withholding. W-4 form used by employees to request IRS withholding.
Always take the time to install spark plug wires back into the original holding brackets (wiring ... Always take the time to install spark plug wires back into the original holding brackets (wiring ...
Different time courses of hypersensitivity reactions. Different time courses of hypersensitivity reactions.
Middle adults usually have more time to focus attention on their relationships Middle adults usually have more time to focus attention on their relationships
Physical and indirect aggression of boys and girls across childhood Physical and indirect aggression of boys and girls across childhood
Video: Fermentation pathways

For a complete list of videos, visit our video library