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4 years ago

Which situation would result in a credit card issuer charging a late-payment fee?

1 answer:

6 0

A credit card issuer would charge a late-payment fee if there is an unpaid minimum credit card fee or other payment from your credit card until the due date. The late-payment fee is calculated based on your unpaid minimum credit card fee. It will not exceed the amount of your unpaid minimum<span> credit card fee.</span>

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A company estimates that overhead costs for the next year will be $8,320,000 for indirect labor and $155,500 for factory utiliti

Serhud [2]

Answer:

The company's plantwide overhead rate is 21.19%

Explanation:

given information:

indirect labor = $8,320,000

factory utilities = $155,500

machine hours = 400,000

to calculate the overhead rate, we can use the following formula

$overheadrate = \frac{Indirectcost}{allocationmeasure}$

in this case.

the indirect cost = indirect labor + factory utilities

= $8,320,000 + $155,500

= $8,475,500

allocation measure = 400,000

thus,

$overheadrate = \frac{8,475,500}{400,000}$

= 21.19%

7 0

4 years ago

Which of the following statements about federal student loans is TRUE?

Shtirlitz [24]

A.the interest rate on your loan will be fixed over time

4 0

3 years ago

Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $22, computed as fol

geniusboy [140]

Answer:

$ 2 per unit on average

Explanation:

Calculation for what the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:

First step is to calculate the Relevant cost of making

Relevant cost of making = 9 + 7 + 1 + ( 5 * 80 % ) Relevant cost of making= $ 21

Now let calculate the Financial advantage of buying

Financial advantage of buying = ( 21 - 19 )

Financial advantage of buying= $ 2 per unit on average

Therefore the financial advantage (disadvantage) of purchasing the parts from the outside supplier would be:$ 2 per unit on average

8 0

3 years ago

Riverbed Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair

finlep [7]

Answer:

Land=$54,600, Building = $200,200, Equipment = $72,800

Explanation:

Total Asset Fair Value = Land + Building + Equipment

Total Asset Fair Value = 62,400 + 228,800 + 83,200

Total Asset Fair Value = 374,400

<u>Recorder Amount</u>

Land = 62,400 / 374,400 * 327,600 = $54600

Building = 228,800 / 374,400 * 327,600 = $200200

Equipment = 83,200 / 374,400 * 327,600 = $72,800

7 0

3 years ago

Points $A$, $B$, $C$, and $D$ are located on a line. $A$ is at $(-6,13)$, $D$ is at $(2, 14)$, $C$ is the midpoint of $\overline

dedylja [7]

Answer:

9.25

Explanation:

∵ The coordinates of midpoint of a line segment having end points $(x_1,y_1)$ and $(x_2,y_2)$ are,

$(\frac{x_1+x_2}{2},\frac{y_1+y_2}{2})$

Given,

The coordinates of A are (-6, 13),

Coordinates of D are (2, 14),

If C is the midpoint of line segment AD,

Then the coordinates of C are,

$(\frac{-6+2}{2}, \frac{13+14}{2})$

$=(\frac{-4}{2},\frac{27}{2})$

$=(-2, 13.5)$

Now, if B is the mid point of line segment AC,

Then the coordinates of B are,

$(\frac{-6-2}{2},\frac{13+13.5}{2})$

$=(\frac{-8}{2}, \frac{26.5}{2})$

$=(-4, 13.25)$

Hence, the sum of the coordinates of B = -4 + 13.25 = 9.25

4 0

3 years ago