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shtirl [24]
2 years ago
12

Master Card and other credit card issuers must by law print the Annual Percentage Rate (APR) on their statements. If the APR is

stated to be 20%, with interest compounded daily (365 days in a year), what is the card's effective annual interest rate?
Business
1 answer:
4vir4ik [10]2 years ago
4 0

The effective annual interest rate would be 19.5%.

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Blade Breeze Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts
Rainbow [258]

Answer:

cost of machining per ceiling fan= $18  per unit

Explanation:

<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.</em>

For example, the machining overhead would charged to each ceiling fan using the machining overhead rate per machine hours.

Cost of machining per ceiling fan = Machining hours × overhead rate per machine hours

= 2.50 × $7.20= $18  per unit

cost of machining per ceiling fan= $18  per unit

5 0
3 years ago
A manufacturer develops bud­gets for the direct materials, direct labor, and overhead that will be required in the produc­tion p
Dominik [7]

Answer:

The correct answer is letter "D": The production budget.

Explanation:

The production budget is the expected production of a manufacturing company. It combines the projection of sales of the firm for the current period and the number of assets needed to achieve the production level necessary. It is important for a company to have a clear idea of what investment will be needed to fulfill those expectations.

5 0
3 years ago
A fixed input, X, and a variable input, Y, are used to produce good A. If the marginal physical product (MPP) of Y is constant,
butalik [34]

Answer:

umm........i think its A..............

Explanation:

5 0
3 years ago
This is not an appropriate business use for a wiki.
kifflom [539]
I'd say D, thatd be my best guess
6 0
3 years ago
Read 2 more answers
) in a hot day in the summer, a "clever" thermal engineering student claims that he can keep his apartment cooler by keeping the
Harman [31]
It's not true.

A refrigerator keep the cool temperature by moving the heat from inside the box to outside the box.
If that student open the door, the temperature inside the refrigerator would be equal with the average temperature of the room, which make his effort pretty much pointless.
6 0
3 years ago
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