Ring Company Designs and Builds Jewelry

question 158

Multiple Choice

Ring Company designs and builds jewelry.During June it had applied overhead of $120,000.Overhead is applied at the rate of 75% of direct labor cost.Direct labor wages average $20 per hour. How many direct labor hours did Ring Company have for the month of June?

• A) 12,000
• B) 6,000
• C) 10,000
• D) 8,000
• E) 9,000

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Definitions:

SPIN

A sales technique that stands for Situation, Problem, Implication, and Need-payoff, focusing on asking questions to understand and develop a client's needs.

Complementary Approach

A strategy or method that enhances or completes something else, often through the combination or coordination of separate elements or techniques.

Luxury Food

High-quality, often expensive food items that are considered indulgent or exclusive.

Opinion Approach

A sales technique where the salesperson begins the conversation by asking for the potential customer's opinion on a topic relevant to the product or service.