Answer the Following Questions Using the Information Below

question 10

Multiple Choice

Answer the following questions using the information below:
Harbor Corp currently leases a corporate suite in an office building for a cost of $280,000 a year. Only 80% of the corporate suite is currently being used. A start-up business has proposed a plan that would use the other 20% of the suite and increase the overall costs of maintaining the space by $20,000.
-If the incremental method were used,what amount of cost would be allocated to the start-up business?

• A) $20,000
• B) $300,000
• C) $60,000
• D) $75,000

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Definitions:

Cultural Backgrounds

The diverse social practices, values, traditions, and customs that individuals belong to or are influenced by.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Federal Agency

An administrative unit of the executive branch of the government, responsible for the oversight and administration of specific functions.

Workplace Safety

Practices, policies, and procedures implemented to ensure the physical and mental well-being of employees in their professional environment.