Answer:
$9,200
Explanation:
The computation of the total factory overhead cost is shown below:
= Indirect materials cost + Indirect labor cost + Maintenance of factory equipment
where,
Indirect materials cost is $1,800
Indirect labor cost is $4,800
And, the Maintenance of factory equipment is $2,600
So, the total factory overhead cost is
= $1,800 + $4,800 + $2,600
= $9,200
As we know that the factory overhead records all the indirect cost related to the factory and the same is to be considered
Answer: Some wine collectors decide not to sell their 20-year-old bottle of wine at the market price while refusing to buy another one at the same price.
Explanation:
If the wine collectors do not want to sell at the market price, this usually means that they place a higher value on their wine than the market is offering for it. This is rational and might hold water if they know something the market does not.
It is irrational however if they are offered a similar wine at the marker price and they do not buy it. A rationally minded person would have purchased the wine at the market price so that they can now have two wines that are valued above the market thereby presenting a chance to make profit.
A payday loans are small, short-term unsecured loans, which are taken by the borrowers to cover ordinary living expenses and daily needs. These loans are in small amount but the charges and fees are higher as compared with the traditional loans.
Hence the given statement “Payday loans incur fewer fees and expenses than traditional loans” is False.
The answer is False.
Answer:
A: $0
Explanation:
Holder in due course describes a person who has accepted a negotiable certificate in good faith.
It is one of the requirements by law for a holder in due course that it must not be aware of any defaults.
Since Happy Collection Agency knew about the default, it has no claim over the note.
<span>The loan that requires a student to pay the interest they accumulated during college is called <u>an unsubsidized loan.</u>
There are also Federal unsubsidized loans. They are charged interest on these loans while the student is in school and also during a grace period. The student who borrows the money can choose to pay the interest every month or choose to have it put on the outstanding principal of the unsubsidized loan. Many colleges will tell the students to make a all to their loan service and set up an interest payment account.</span>
