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 515 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?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Old Time Farm Shepherd Old Time Farm Shepherd
The Geologic Time Scale The Geologic Time Scale
Under what conditions can part-time employment in high school be a negative influence on school ... Under what conditions can part-time employment in high school be a negative influence on school ...
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 ...
Time course for antibodies to the EBV viral–specific antigens. Time course for antibodies to the EBV viral–specific antigens.
Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains
Video: What is an ecosystem?

For a complete list of videos, visit our video library