This topic contains a solution. Click here to go to the answer

Author Question: With a best-of-breed approach an organization can minimize the number of different software modules ... (Read 27 times)

sammy

  • Hero Member
  • *****
  • Posts: 818
With a best-of-breed approach an organization can minimize the number of different software modules employed to implement an enterprise system.
  Indicate whether the statement is true or false

Question 2

Ruby Corp is bidding on a design project for a new client. The total budgeted direct-labor costs for the firm are 400,000. The total budgeted indirect costs are 800,000. It is estimated that there are 10,000 billable hours in total.
 
  Required:
  a. What is the budgeted direct-labor cost rate?
  b. What is the budgeted indirect-cost rate assuming direct-labor cost is the allocation base?
  c. What should be the engineering firm bid on the project if the direct labor hours are estimated at 300 hours?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

F

Answer to Question 2

Answer:
a. 400,000/10,000 = 40/hour
b. 800,000/400,000 = 200 of direct labor cost
c. (300  40) + (15,000  2.0) = 42,000




sammy

  • Member
  • Posts: 818
Reply 2 on: Jul 5, 2018
Excellent


fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

For a complete list of videos, visit our video library