« 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 175 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?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Hormonal regulation of digestion rate in the stomach and small intestine. Hormonal regulation of digestion rate in the stomach and small intestine.
C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
Situations Causing Changes in Respiratory Rate Situations Causing Changes in Respiratory Rate
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Two tiny particles having charges of +7.00 μC and -9.00 μC are placed along the y-axis. The ... Two tiny particles having charges of +7.00 μC and -9.00 μC are placed along the y-axis. The ...
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Blood Flow Through the Kidneys

For a complete list of videos, visit our video library