Paying rent on a building
A. Revenue expenditure
B. Capital expenditure
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Paying employees
A. Revenue expenditure
B. Capital expenditure
Repair of door to building
A. Revenue expenditure
B. Capital expenditure
WorkWhere Co has a job with a total cost of $8,000 and the company uses a profit mark up of 20%.What is the selling price for this job?
A. $1,600
B. $9,600
C. $6,667
D. $6,400
The following information relates to a specific job due to be carried out by an organisation:Productive hours: 540 Wage rate: $10It is also estimated that idle time will make up 10% of the total time paid.What is the estimated labour cost for this job?
A. $6,000
B. $5,400
C. $5,940
D. $4,860