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o-na [289]
3 years ago
7

what type of interest rate is set and will not be changed unless you go over the limit or fail to make a payment​

Business
1 answer:
ICE Princess25 [194]3 years ago
5 0

Answer:

Simple interest is paid only one time and does not change.

Explanation:

Hope this helped you!

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What is the website authorized by federal law where you can obtain your credit report for free?
uysha [10]

The website authorized by Federal Law is <em>annualcreditreport..com</em><em>.</em>

A credit report is an organized record database of borrower's credit history from different sources and its includes record from sources such as banks, credit card, governments etc.

  • There are numerous companies and sites that offers credit reports to individual but, the only authorized place by Federal law is <em>Annual Credit Report</em>.

  • However, individual's name, address, social security number, date of birth must be inputted on the website to verify identity.

In conclusion, the free website which is authorized by federal law where one can obtain one credit report is <em>annualcreditreport.</em>

Learn more about this here

<em>brainly.com/question/3836302</em>

5 0
3 years ago
The following information is available for the first year of operations of Engle Inc., a manufacturer of fabricating equipment:
FromTheMoon [43]

Answer:

Consider the following calculations

Explanation:

Step 1. Given information

  • Sales $7,270,000
  • Gross profit 1,450,000
  • Indirect labor 330,000
  • Indirect materials 195,000
  • Other factory overhead 90,000
  • Materials purchased 5,100,000
  • Total manufacturing costs for the period 6,170,000
  • Materials inventory, end of period 480,000

Step 2. Calculation according to the following formulas.

a. Cost of goods sold = Sales-Gross profit = 7270000-1450000= $582000

b. Direct materials cost = 5100000-195000-480000= $4425000  

c. Direct labor cost = 6170000-4425000-330000-195000-90000= $1130000

7 0
3 years ago
Which action is an example of a consumer making a purchase through a direct marketing arrangement?
Vladimir [108]

By providing customers with a direct line to vendors through the mail, phone, or computer, direct marketing enables them to make purchases from the comfort of their own homes or places of employment. Telemarketing, catalog sales, online shopping, and direct mail are a few examples of direct marketing.

<h3><u>What Is Direct Marketing?</u></h3>

Direct marketing is any form of advertising that reaches out to customers directly, as opposed to going through an intermediary like the media. Campaigns using text messaging, social media, email, and the postal service are some of the delivery techniques used. Direct marketing is called that because it frequently eliminates the middlemen, such as the media.

<u>The Workings of Direct Marketing</u>

In contrast to traditional public relations efforts that broadcast information through a third party, like media outlets or mass media, direct marketing initiatives operate autonomously to engage with target audiences.

In direct marketing, businesses employ social media, email, postal, phone, and SMS campaigns to disseminate their content and make sales pitches. Direct marketing frequently attempts to personalize the message by inserting the recipient's name or city in a prominent area in order to boost interaction, despite the occasionally enormous volume of communications distributed.

Learn more about marketing with the help of the given link:

brainly.com/question/23867900

#SPJ4

4 0
2 years ago
Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Pro
Lilit [14]

Answer:

The cost of goods manufactured for June was $139,000

Explanation:

The cost of goods manufactured for June was shown below:

= Opening work in progress + direct material cost + direct labor cost + manufacturing overhead cost applied to work in progress  - ending work in progress

= $22,000 + $55,000 + $28,000 + $51,000 - $17,000

= $139,000

The actual manufacturing overhead cost is irrelevant as it is not related to the work in progress that's why it is not be considered in calculation part.

Hence, The cost of goods manufactured for June was $139,000

5 0
3 years ago
Cushing Manufacturing assigns overhead based on machine hours. The MillingDepartment logs 1,800 machine hours and Cutting Depart
morpeh [17]

Answer:

Explanation:

The journal entry is shown below:

Milling work in progress A/c Dr $9,000

Cutting work in progress A/c Dr $15,000

     To Manufacturing overhead A/c             $24,000

(Being overhead allocation is recorded)

The milling work in progress is computed by

= Milling department machine-hours × $ overhead rate

= 1,800 machine hours × $5

= $9,000

And, The cutting work in progress is computed by

= Cutting department machine-hours × $ overhead rate

= 3,000 machine hours × $5

= $15,000

5 0
3 years ago
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