What customarily happens to labor burden rates journal-entered to a jobsite after employees top $133,000 in wages
Question:
What customarily happens to labor burden rates journal-entered to a jobsite after employees top $133,000 in wages paid in one calendar year? Is this ethical? How does this affect project profits? How does this affect corporate profits?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
The practice of adjusting labor burden rates at a certain wage threshold like 133000 raises a number of ethical and financial concerns Heres a breakdo...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Construction Cost Estimating
ISBN: 9780367902681
1st Edition
Authors: John E. Schaufelberger, Len Holm
Question Posted:
Students also viewed these Business questions
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Start of Payroll Project 7-3a October 9, 20-- No. 1 The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you...
-
In the automobile parts supplier's hypothesis test of H0: = 3 versus Ha: 3 (as discussed in Exercise 9.48) find the sample size needed to make the probability of a Type I error equal to .05 and...
-
Crane Company purchased and installed carpet in its new general offices on March 30 for a total cost of $12,000. The carpet is estimated to have a 15-year useful life and no residual value. (a)...
-
The motion of an oscillating weight suspended by a spring was measured by a motion detector. The data collected and the approximate maximum (positive and negative) displacements from equilibrium are...
-
Suppose our prior belief is is just as likely to be below 8 as it is to be above 8. (Our prior distribution g() has median 8.) Determine an S x an inverse chi-squared(k) that matches our prior...
-
Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business. (Although the serial problem allowed for various ownership changes in earlier chapters, we...
-
Explain the issues that an auditor may need to deal with in the cash accounts, especially if the company has foreign bank accounts for international transactions. Also, would a schedule of interbank...
-
At the beginning of the year, Carla Vista Company had total assets of $763,000 and total liabilities of $296,000. Answer the following questions. (a) If total assets increased $134,000 during the...
-
What is one of the best sources of information for pricing and productivity factors?
-
Which craft in Table 10.2 has the highest: (A) Bare wage rate. (B) Total labor burden. (C) Percentage markup for labor burden, and/or (D) loaded wage rate? Table 10.2 Construction Craft Carpenters...
-
Suppose a 95% confidence interval for a population proportion is found using the 2SD or theory-based method. Which of the following will definitely be contained in that interval? A. The population...
-
Go to http://cs.unc.edu/~welch/class/comp145/ media/docs/Boehm_Term_NE_Fail.pdf and read the article Project Termination Doesnt Equal Project Failure by Barry Boehm. Summarize his main arguments....
-
Visit the website of NASDAQ. Enter the symbol of 2-3 companies one by one. Observe the format in which the results appear for each of these companies. In which format do you think the data appears?
-
Go to www.kellogs.com, and examine the brands offered by Kelloggs. Using the BCG growth-share matrix, classify 10 brands as stars, question marks, cash cows, or dogs. Find at least one product you...
-
Review the factors, and their weightings, used by Fair Isaac to calculate a credit score. Ask 10 to 20 people what factors they think should be considered in the score calculation. Be prepared to...
-
Using the information from project 2 and information found on the internet, write a one-page paper on why these types of advertisements are used. Support your answer with information provided in the...
-
Sharpe Cutter is a small company that produces specialty knives for paper cutting machinery. The annual demand for a particular type of knife is 100,000 units. The demand is uniform over the 250...
-
Should U.S. antidumping laws be stated in terms of average total costs or average variable costs?
-
Explain why a firm should view its internal activities as part of a total system. Illu s trate your answer for ( a ) a large grocery products producer, ( b ) a plumbing wholesaler, ( c ) a d e...
-
Give examples of some of the benefits and costs that might contribute to the customer value of each of the following products: (a) a wristwatch, (b) a weight loss diet supplement, (c) a cruise on a...
-
What are examples of the benefits that you can provide to a prospective employer in your field? What are examples of the costs that employer would incur if they hired you? How do you think you can...
-
Mr. Pous has just inaugurated his new jewelry workshop. His specialty is rings and bracelets. Due to the novelty of his business, Mr. Pous will specialize in the production of a certain model of ring...
-
7. What is the price investors paid for $1,000 face value of these T-bills? Show how this was calculated? (0.1 pts.) (Round to 4 decimal places)
-
Identify a company where the auditor would determine the acceptable audit risk would be relatively higher and another company where the acceptable audit risk would be relatively lower. Note: The...
Study smarter with the SolutionInn App