Fogelin Promotional Services Uses a Job Order System for Costing

question 104

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. The allocation base for office and administrative costs is billable hours. A new client is contracting with Fogelin to promote a ballet tour in the U.S. Fogelin estimates that the job will require 40 billable hours of specialist time. If Fogelin wishes to make a 25% gross profit on the job, what price should Fogelin quote to the client?

• A)$2,800
• B)$6,000
• C)$7,500
• D)$4,700

Comprehend the impact of attention on memory performance.

Describe the structure and functionality of working memory, including its components.

Understand the concepts of primacy and recency effects in memory recall.

Discuss the limitations of memory capacity and strategies to overcome them.

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Definitions:

Cultural Organization

An entity that works to promote, preserve, research, or manage the cultural heritage, customs, or entertainment of a specific group or society.

Social Capital

The networks, relationships, and norms that facilitate collective action and cooperation among groups and communities, contributing to societal and economic benefits.

Social Organization

Is the orderly arrangement of social interaction.

Cultural Capital

The non-financial social assets that promote social mobility beyond economic means; these can include education, intellect, style of speech, dress, or physical appearance.