Why are overtime premium and idle time considered as indirect costs?
Question:
Why are overtime premium and idle time considered as indirect costs?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Benard Ndini Mwendwa
I am a graduate from Kenya. I managed to score one of the highest levels in my BS. I have experience in academic writing since I have been working as a freelancer in most of my time. I am willing to help other students attain better grades in their academic portfolio. Thank you.
4.90+
107+ Reviews
240+ Question Solved
Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 9781292211541
16th Global Edition
Authors: Srikant Datar, Madhav Rajan
Question Posted:
Students also viewed these Business questions
-
Lou Marinaro worked 44 hours last week for Breakbad Manufacturing. Of the 44 hours 4 hours were considered overtime, and also Marinaro was idle for 5 of the 44 hours due to an equipment malfunction....
-
Which of these is correct about overtime premium and idle time? a. Both overtime premium and idle time can be classified as overhead costs. b. Overtime premium can be classified as labor cost if such...
-
Granolla Mike works as an auditor in the audit firm of Alison Wonderland & Partners and charges 60 per hour for normal working hours. The firm pays him 90 per hour for unsociable hours, which...
-
If the Stock Dividends < 25%, recorded at fair market value. If the Stock Dividends > 25%, recorded at book value. Example1: Velvet Company has 5,000 shares issued and outstanding. Par value is $1;...
-
July 1 Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated July 1. 2 Sold merchandise to Creek Co. for $900 under credit terms of...
-
Is depreciation included in the computation of net present value ? Explain.
-
Consider the following cash flow profile, and assume MARR is 10 percent/year. a. What does Descartes' rule of signs tell us about the IRR(s) of this project? b. What does Norstrom's criterion tell us...
-
Dexter Products, Inc., manufactures and sells a number of items, including an overnight case. The company has been experiencing losses on the overnight case for some time, as shown on the following...
-
3 Eight students were asked to estimate the mass of a bag of sweets in grams. First they were asked to estimate the mass without touching the bag and then they were told to pick the bag up and...
-
Appolo Healthcare Solutions provides preventive health check-up packages for men and women over 40 years of age and charges \($12\),000 per package on an average. The average variable costs per...
-
Which of the following is not a primary function of the management accountant? a. Communicates financial results and position to external parties. b. Uses information to develop and implement...
-
The weight percent of oxygen in an oxide that has the formula MO 2 is 15.2%. What is the molar mass of this compound? What element or elements are possible for M?
-
Should there be a uniform definition of reasonable accommodation in the Americans with Disabilities Act?
-
Regardless of your personal feelings about pay for performance, what cautions will you communicate to a team that is designing an incentive system in a healthcare organization?
-
What are the advantages and disadvantages of using multiskilled health practitioners?
-
Discuss the importance of orienting IMGs and INGs to their roles in the U.S. healthcare system. What obstacles (cultural, organizational, and professional) do they face, and what are the implications...
-
This case was adapted from Giangregorio, L., P. Fisher, A. Papaioannou, and J. D. Adachi. 2007. Osteoporosis Knowledge and Information Needs in Healthcare Professionals Caring for Patients with...
-
A uniform 3.00-kg rope 24.0 m long lies on the ground at the top of a vertical cliff. A mountain climber at the top lets down half of it to help his partier climb up the cliff. What was the change in...
-
The May 2014 revenue and cost information for Houston Outfitters, Inc. follow: Sales Revenue (at standard).............. $ 540,000 Cost of Goods Sold (at standard) ..........341,000 Direct Materials...
-
The Ride-On-Wave Company (ROW) produces a line of non-motorized boats. ROW uses a normal-costing system and allocates manufacturing overhead using direct manufacturing labor cost. The following data...
-
The Solomon Company uses a job-costing system at its Dover, Delaware, plant. The plant has a machining department and a finishing department. Solomon uses normal costing with two direct-cost...
-
Kidman & Associates is a law firm specializing in labor relations and employee-related work. It employs 30 professionals (5 partners and 25 associates) who work directly with its clients. The average...
-
A vertical spring (ignore its mass), whose spring constant is 950 N/m, is attached to a table and is compressed down by 0.160 m Part A What upward speed can it give to a 0.380-kg ball when released?...
-
A square loop 21.0 cm on a side has a resistance of 4.30 2. It is initially in a 0.620 T magnetic field. with its plane perpendicular to B, but is removed from the field in 62.0 ms. Part A Calculate...
-
An Olympic class sprinter starts a race from rest with an acceleration of 4 . 9 m / s 2 . Take her direction of motion as the positive direction. Part ( a ) What is her velocity 2 . 4 s later in...
Study smarter with the SolutionInn App