Answer: B
Explanation:
A vertical integration is where a company owns another company in the same production line.
For example a company that bakes bread has a farm where wheat is cultivated, a marketing company and retail locations for the sale of the bread.
The advantages of Vertical integration include:
a. It reduces costs.
b. It increases efficiency.
c. It gives the firm greater control of the production process.
A major disadvantage of vertical integration is it requires huge capital outlay.
Answer:1.$50/hr
2. $850
3.$30
4.$510
5.$1360
Explanation:
1. Hourly rate= Total annual salary/Number of hours worked
$85,000/1,700 hours=$50/hour.
2. Direct labour cost for client 367 = Hourly(required 1)× Number of hours billed
$50/hour × 17 hours= $850
3. Indirect cost allocation rate = Total indirect costs/ Total number of billed hours
$360,000/12,000 hours= $30/hour
4. Indirect costs allocated to client= Indirect cost allocation rate × Number of attorney billing hours
$30 (from required 3) × 17 hours = $510.
5. Total job cost = direct costs + indirect costs allocated
850 + 510 = 1360.
Enjoy
Answer:
$575
Explanation:
Given that,
Opening office supplies = $1,100
Closing office supplies = $475
Office supplies expense for the month = $1,200
Opening stock + Purchases - Closing stock = Consumption
$1,100 + Purchases - $475 = $1,200
$625 + Purchases = $1,200
Purchases = $1,200 - $625
= $575
Therefore, the amount of office supplies was purchased during February is $575.
If this is the whole problem:
<span>A trucking company is hired to deliver 125 lamps for $12 each. The company agrees to pay $45 for each lamp that is broken during transport. If the trucking company needs to receive a minimum payment of $1365 for the shipment to cover their expenses, find the maximum number of lamps they can afford to break during the trip.
My answer is 3 lamps.
125 lamps * 12 each = 1,500 total revenue
</span>
Minimum revenue: 1,365
1,500 - 1,365 = 135 excess from minimum revenue.
135 ÷ 45 charge of broken lamp = 3 lamps.
The company can afford to break a maximum of 3 lamps w/o falling below its minimum payment.
