Ask Question
21 September, 08:58

The receiving department employs one worker who spends 25% of his time on the receiving activity and 75% of his time on inspecting products. His salary is $40,000. The amount of cost assigned to the receiving activity is a.$34,000. b.$40,000. c.$10,000. d.$30,000. e. None of these.

+5
Answers (1)
  1. 21 September, 11:28
    0
    The correct answer is option (C).

    Explanation:

    According to the scenario, the given data are as follows:

    Salary = $40,000

    Time spend on Receiving activity = 25%

    Time spend on inspecting product = 75%

    So, we can calculate the amount of cost assigned to the receiving activity by using following formula:

    Cost assigned to the receiving activity = Salary * Time spend on Receiving activity

    = $40,000 * 25%

    = $40,000 * 0.25

    = $10,000

    Hence, the amount of cost assigned to the receiving activity is $10,000.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The receiving department employs one worker who spends 25% of his time on the receiving activity and 75% of his time on inspecting ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers