Examlex

Solved

Evaluate the Pseudocode Below to Calculate the Payment (Pmt) with the Following

question 10

Multiple Choice

Evaluate the pseudocode below to calculate the payment (pmt) with the following test values:
The total number of hours worked (workingHours) = 50
The rate paid for hourly work (rate) = 10
Input workingHours.
Input rate.
Pmt = workingHours * rate
If working_hours > 45
ExtraHours = workingHours - 45
ExtraPmt = extraHours * rate * 2
Pmt = pmt + extraPmt
Output pmt


Definitions:

FIFO Method

An inventory valuation method that assumes the first items placed into inventory are the first sold; stands for "First In, First Out."

Direct Materials Cost

The cost of raw materials used in manufacturing a product that are directly traced to that product.

Conversion Cost

The total expense, encompassing both direct labor and manufacturing overheads, associated with turning raw materials into finished goods.

Direct Materials

Raw materials directly attributed to the production of goods.

Related Questions