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 523 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?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

A subculture of employees who work at a medical practice A subculture of employees who work at a medical practice
Time Slows Down Near Matter Time Slows Down Near Matter
For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ... For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ...
Should We Prolong Life at all Costs? Should We Prolong Life at all Costs?
Direct immunoassays. A labeled antibody binds directly to the antigen. The label on the antibody can ... Direct immunoassays. A labeled antibody binds directly to the antigen. The label on the antibody can ...
Dagny Taggart is a graduating college senior and she is considering the costs of going to ... Dagny Taggart is a graduating college senior and she is considering the costs of going to ...
Video: Asthma Treatment

For a complete list of videos, visit our video library