Fogelin Promotional Services Uses a Job Order System for Costing

question 71

Multiple Choice

Fogelin Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Fogelin has 4 public relations specialists, plus an office staff. At the beginning of 2014, Fogelin estimated the total cost of salaries and benefits for the public relations specialists at $403,200, and a total of 7,200 billable hours for the year. The office and administrative costs were estimated at $676,800. What rate would Fogelin use for the cost of its specialists?

• A)$94 per hour
• B)$150 per hour
• C)$68 per hour
• D)$56 per hour

Identify and describe various brain imaging techniques and their applications.

Appreciate the historical and theoretical contributions of key figures in psychology.

Understand the developmental implications of nativist versus empiricist theories.

Recognize the relevance of neuroscientific perspectives in developmental psychology.

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Definitions:

Salary and Interest Allowances

Financial benefits or amounts allocated specifically for salaries and interest payments within a budget or financial planning.

Negative Amount

A value less than zero, representing a deficit or loss in financial terms, such as overdrawing a bank account or spending more than one's income.

Division of Net Income

The distribution of earned profits among partners, shareholders, or other entities entitled to a share.

Partnership Agreement

The formal written contract creating a partnership.