The Total Job Takes 3

question 1

Multiple Choice

$\begin{array}{lcl}\text { Item } & \text { Quantity } & \text { Cost } \\5 / 8 \text {-inch hose } & 30 \text { inches } & \$ 1.25 \text { per foot } \\3 / 4 \text {-inch hose } & 24 \text { inches } & \$ 1.35 \text { per foot } \\5 / 8 \text {-inch hose clamps } & 2 & \$ 0.84 \text { each } \\3 / 4 \text {-inch hose clamps } & 2 & \$ 0.84 \text { each } \\\text { Thermostat with gasket } & 1 & \$ 5.65 \text { each } \\\text { Pressure cap } & 1 & \$ 4.50 \text { each } \\\text { Upper hose } & 1 & \$ 11.44 \text { each } \\\text { Lower hose } & 1 & \$ 16.53 \text { each } \\\text { Hose clamps } & 4 & \$ 0.98 \text { each }\\\\\text { Labor charges are as follows: }\\\\ \text { Remove, clean, and replace radiator } &&\$ 39.50 \\ \text { Reverse flush block } &&\$ 20.00 \\ \text { Replace heater hoses } &&\$ 10.00 \\ \text { Replace thermostat and cap } &&\mathrm{~N} / \mathrm{C}\end{array}$ The total job takes 3.5 hours. What is the average hourly cost of labor, to the nearest cent?

• A) $19.86
• B) $20.34
• C) $20.58
• D) $21.64

Differentiate between the various types of partnerships and their specific characteristics.

Understand the legal obligations and liabilities of partners in a partnership.

Comprehend the formation, operation, and dissolution processes of corporations.

Recognize the rights and obligations of shareholders, directors, and officers within a corporation.

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Definitions:

Hay Profile Method

A job evaluation technique that assesses roles based on knowledge, problem solving, accountability, and working conditions to determine pay scales.

Clerical Employees

Workers who perform administrative and office duties, such as answering phones, typing, filing, and record keeping.

Pay Equity

The principle that individuals should receive equal pay for work of equal value, addressing disparities caused by systemic discrimination in the workplace.

Federal Jurisdiction

The legal authority granted to federal courts to hear and decide cases involving issues that pertain to the Constitution, federal laws, or controversies between states.