Howard Inc

question 25

Multiple Choice

Howard Inc.provides temporary clerical services to local businesses.The company has determined that total costs for a given month can be predicted by using the following formula:
Total Costs = $2500 + $20x
Where 'x' equals total direct labour hours for the month.If total direct labour hours for June are expected to be 600,what are total costs expected to be?

• A) $ 9500
• B) $14 500
• C) $12 000
• D) $ 2520

Comprehend the stages of virtual team formation and the resolution of issues related to time, distance, technology, member cultures, and organizational environments.

Recognize and differentiate between various communication styles and their impacts in a team or organizational setting.

Understand the nature and formation of product development teams, including their cross-functional nature.

Identify effective group behaviors and the establishment of norms within groups.

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Definitions:

Tax Rate

The rate at which a person or business is taxed on their earnings or profits.

Borrowed Funds

Money that is borrowed from banks or other lenders that must be repaid, often with interest, according to agreed upon terms.

CCA

Canadian Controlled Private Corporation, regarding taxation in Canada, or can refer to Capital Cost Allowance, which is a tax deduction in Canada that represents depreciation for tax purposes.

Net Advantage

The total benefit gained from a financial decision or investment, taking into account all relevant costs and revenues.