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Marrrta [24]
2 years ago
13

A business consultant earns a flat fee for his work as well as an hourly fee. He charges his clients at a rate of $75 per hour.

In one week, he billed a client $1,800 for 20 hours worked. Which of the following equations describes the pay for the consultant in terms of hours worked?
Business
1 answer:
Delicious77 [7]2 years ago
4 0
Well...if he earns $75 an hour....and he worked for 20 hours...that's
75 * 20 which = 1500
Now it says he also earns a flat fee....since the question states he billed the client 1800...and he only earned 1500 of it...that must mean that his flat fee would be
1800 - 1500 = 300
So his flat fee is 300...and his variable charge...is 75x (75 dollars per hour)
in an equation...this would look like
C(x) = 75x + 300
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Mumz [18]

Answer:

Part a : If JumpStart paid cash

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Cash $870 (credit)

Part b : If JumpStart placed it on account

Office Supplies $870 (debit)

Account Payable $870 (credit)

Part c : If JumpStart pays the amount due

Account Payable $870 (debit)

Cash $870 (credit)

Explanation:

Part a : If JumpStart paid cash

Recognise an expense for Office Supplies and reduce the assets of cash to reflect outflow of economic benefits in form of cash

Part b : If JumpStart placed it on account

Recognize an expense for Office Supplies and also recognise a Liability - Accounts Payable to reflect a present obligation created by JumpStart to its Supplier

Part c : If JumpStart pays the amount due

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6 0
2 years ago
The purpose of government regulations regarding disclosure of comparable details in product charges and fees is:____________a. B
erastova [34]

Answer:

The correct answer is letter "B": Clients can compare information from different institutions to make informed decisions.

Explanation:

The government puts special emphasis on regulating institutions' disclosures so that core information on benefits and responsibilities are provided to customers before they enter into a contract. By this, clients will be generally aware of what they are engaging in. Besides, they can compare information among different organizations so they can eventually choose the most convenient according to their needs.

4 0
2 years ago
The direct labor rate for Brent Corporation is $9.00 per hour, and manufacturing overhead is applied to products using a predete
Paladinen [302]

Answer:

1.- first question D. Beginning WIP: $8,500

2.- second question A raw materials used. $63,000

3.- third quesion B. $21,700 actual overhead

Explanation:

Balance in May 1st

4,000 direct materials

300 hours  x $9 labor rate       =  2,700

300 hours  x $6 overhead rate = 1,800

Total 8,500

We have to calculate the total cost for materials added for the month

beginning + purchase - used into production = ending

We are given the fact that balance decrease by 3,000 so

ending - beginning = -3,000

we post that into the formula:

purchase - used into production = ending - beginning

60,000 - production = -3,000

production = 63,000

applied overhead:

3,200 hours x 6 = 19,200

If underapplied by 2,500 then:

applied - actual = -2,500

so

19,200  - actual = -2,500

19,200 + 2500 = actual

actual overhead = 21,700

7 0
2 years ago
Alphonse Company manufactures staplers. The budgeted sales price is $ 12.00 per​ stapler, the variable costs are $ 2.00 per​ sta
myrzilka [38]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

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Answer:

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