« previous next »

Author Question: Your shop charges 50.00 per flat rate hour, The shop takes in a 4-hour job that takes the technician ... (Read 190 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 23, 2018
Your shop charges 50.00 per flat rate hour, The shop takes in a 4-hour job that takes the technician 3 hours to complete. The technician is paid 12.50 per flat rate hour. What is the gross profit of this transaction?
 
  A) 162.50 B) 37.50 C) 112.50 D) 150.00

Question 2

Net profit would be calculated in which way?
 
  A) Income minus all variable expenses B) Gross profit minus overhead expenses
  C) Gross profit plus the indirect cost D) None of the above


sokh

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 23, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Effects of growth rate on development. Effects of growth rate on development.
Exercise increases the heart rate. Exercise increases the heart rate.
Factors influencing pulse rate Factors influencing pulse rate
Who Takes Care of the Children While the Mothers Are at Work? Who Takes Care of the Children While the Mothers Are at Work?
European Flat Oysters European Flat Oysters
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: Neurotransmission at chemical synapses & Excitory and inhibitory potentials

For a complete list of videos, visit our video library