Answer:
D. The registered representative should decline the transaction
Explanation:
Based on the information provided within the question it can be said that the representative should decline the transaction. When dealing with money and financial accounts the representative that will handle these types of transactions needs to sit down with the owner and new recipient of the account as well as see identification from both and have them sign authorization paperwork. These are safety measures in place so that a stranger isn't able to just call and take ownership of an account.
The order of operations is necessary for simplifying numerical expressions because it ensures that the expression is simplified correctly through a series of steps proven to be efficient in simplification.
Answer and Explanation:
The computation is shown below;
a) The In-house purchasing cost last year is
= Fixed costs + Variable costs
=$85,000 + Total number of purchase orders × cost per order
= $85,000 + 1400 × 15
= $106,000
b)
The outsourcing cost is
Outsourcing cost = Fixed costs +Variable costs
= $100,000 + Total number of purchase orders × cost per order
= $100,000 + 1400 × 5
= $107,000
c) Total number of purchase orders = 1600
In-house purchasing cost = 85,000 + 1600 × $15 = $109000
Outsourcing cost = $100,000 + 1600 × $5 = $108000
Yes, David should outsource as the outsourcing cost is less than the in-house purchasing cost.
Answer:
$5,000
Explanation:
The computation of the interest payable is shown below:
= Borrowed amount or Principal × rate of interest × (number of months ÷ total number of months in a year)
= $500,000 × 6% × (2 months ÷ 12 months)
= $5,000
The 2 months is calculated from November 1, 2018, to October 31, 2019
It is somewhat similar to the simple interest formula.
Answer:
(A) The standard price per pound of this material is $87.11
(B) The standard pounds of this material per unit of product A is 1.01 pounds
Explanation:
According to the given data, in order to calculate the standard price per pound of this material, we would have to use the following formula:
Standard Price per pound of this material=Purchase Price Per Pound + Shipping Cost per pound
+Receiving Cost
=$80.00+$6.66+$0.45
=$87.11
In order to calculate the standard pounds of this material per unit of product A, we would have to use the following formula:
Standard pounds of this material per unit of Product A=Pounds of material required by Product A
+Allowance for waste and spoilage
=0.96+0.05
=1.01 pounds