Inse Corporation Uses Time and Material Pricing

question 70

Multiple Choice

Inse Corporation uses time and material pricing. The repair department expects 20,000 direct labor hours of activity and has the following selected data:

The company's time charge per hour is:

• A) $11.
• B) $24.
• C) $40.
• D) $64.
• E) $75.

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Definitions:

Auditory Canal

The tube that runs from the outer ear to the middle ear, transmitting sound waves collected by the ear's auricle (outer part) to the tympanic membrane.

Cochlea

A spiral-shaped cavity in the inner ear that plays a key role in the sense of hearing by converting sound vibrations into electrical signals.

Endolymph

A fluid contained within the membranous labyrinth of the ear, playing a key role in hearing and balance.

Perilymph

A fluid located in the inner ear, found within the scala tympani and scala vestibuli of the cochlea.