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bazaltina [42]
3 years ago
6

The bank is considering paying interest to customers carrying daily checking account balances in excess of a certain amount. If

the bank does not want to pay interest to more than 4% of its checking account customers, what is the minimum daily balance on which it should be willing to pay interest? (Round your answer to the nearest dollar)
Business
1 answer:
olya-2409 [2.1K]3 years ago
5 0

Answer:

If the amount is 1 for example,

And the bank does not want to pay more than 4%, then the amount will be,

4/100 ×1= 0.04

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Work in process, November 1st Started in production during November Work in process, November 30th Units 16,900 109,000 24,900 T
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Answer:

Explanation:

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Started               109000  

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    Production and cost table using Weighted average method

Cost    Opening   current    Total    Complete     WIP       Equivalen     Cost

Head    Cost          Cost        Cost       Units         Units        Units      PerUnit    

Mat.   55,460     477,000    532,460   70,000   22,410   92,410   5.76  

Lab.   21,220      191,880     213,100     70,000   7,470   77,470   2.75  

MOH  16,140      400,160    416,300   70,000   7,470   77,470   5.37  

 Complete  70,000   8.51   595,887  

   

Closing Wip    

   

Material  22,410   5.76   129,125  

Labour  7,470   2.75   20,548  

MOH  7,470   5.3737   40,141  

                            189,814  

4 0
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FromTheMoon [43]
The correct answer is $183.09.
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3 years ago
Read 2 more answers
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