Street Runner Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Engine parts $1,178,200 Shop direct labor 860,000 Shop and repair equipment depreciation 73,600 Shop supervisor salaries 204,700 Shop property taxes 37,200 Shop supplies 28,500 Advertising expense 23,600 Administrative office salaries 101,300 Administrative office depreciation expense 13,000 Total costs and expenses $2,520,100 The average shop direct labor rate is $20 per hour. Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent.

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

James has set the goal of achieving all "a"s during this year of school.which term best describes this goal

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.