Answer:
Total cost= $650,000
Explanation:
Giving the following information:
Fixed manufacturing costs$50000 per month
Variable manufacturing costs$12 per ton of steel
Bonita produced 50000 tons of steel during March.
<u>The flexible budget shows the total standard cost for the actual activity.</u>
Fixed costs= 50,000
Total variable cost= 12*50,000= 600,000
Total cost= $650,000
Answer: Penguin Catering was using a Concentrated targeting strategy.
An organization that adopts a concentration strategy chooses to focus its marketing efforts on only one very defined and specific market segment. Accordingly, only one marketing mix is developed. For example, the manufacturer of Rolex watches has chosen to concentrate on the luxury segment of the watch market.
Answer:
2.618%
Explanation:
Current annual interest rate on a HELOC = 3.85%
Tax rate = 32%
After-tax interest rate = Before tax interest rate * (1 - Tax rate)
After-tax interest rate = 3.85% * (1 - 0.32)
After-tax interest rate = 0.0385 * 0.68
After-tax interest rate = 0.02618
After-tax interest rate = 2.618%
So, the after-tax interest rate you will pay on any borrowings under the HELOC is 2.618%.
Answer:
Fair Debt Collection Practices Act
Explanation:
Fair Debt Collection Practices Act is the law under the federal government which draws a limitation on the behavior and actions of the third-party debt collectors. These collectors attempt to collect the debts on behalf of any other person or organization. The law restricted the methods of the collection of the debts.