All categories

3 years ago

When paying your bills, it is most financially beneficial to make larger payments to:___________.

Business

1 answer:

gulaghasi [49]3 years ago

8 0

Answer:

to those outstanding payments which have highest interest rates.

Explanation:

If we pay and settle more outstanding bills now which have high interest rates it will save us from interest which will be charged in future for delayed payment as it will by multiplied by number of days or months for which it has been delayed.

So if we are not paying high interest outstanding bills it will cost us more in future by high interest amount added to the bill amount.

You might be interested in

Rasmussen Corporation expects to incur indirect overhead costs of $80,000 per month and direct manufacturing costs of $12 per un

vovikov84 [41]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Rasmussen Corporation expects to incur indirect overhead costs of $80,000 per month and direct manufacturing costs of $12 per unit. The expected production activity for the first four months of 2017 is as follows: January February March April Estimated production in units 6,000 7,000 3,000 4,000

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

January:

Estimated manufacturing overhead rate= (80,000/6,000)+12= 25.33 per unit

February:

Estimated manufacturing overhead rate= $23.43

March:

Estimated manufacturing overhead rate= 38.67

April:

Estimated manufacturing overhead rate= $32

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

January= 6,000*25.33= $151,980

February= 7,000*23.43= $164,010

March= 3,000*38.67= 116,010

April= 4,000*32= $128,000

8 0

3 years ago

The manager of the marketing team has thoughtfully selected team members with their strengths in mind to play roles based on the

hodyreva [135]

Answer:

The correct option is advisor.

Explanation:

In business, advisors can be described as persons who evaluate circumstances and suggest options as what could be done during different circumstances. These options are suggested for the benefit of the company and to lead it towards success. An advisor usually evaluates the business plan for a company.

In the above-mentioned scenario, Andy is entitled to evaluate particular situations and provide better options, hence she is playing the role of an advisor.

3 0

3 years ago

Read 2 more answers

Google's mission statement is "to organize the world's information and make it universally accessible and useful."

Marina CMI [18]

I believe it is c . sorry if incorrect

8 0

3 years ago

Cushman company had $814,000 in sales, sales discounts of $12,210, sales returns and allowances of $18,315, cost of goods sold o

lesya692 [45]

When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold

Sales = $814,000
Cost of goods sold = $386,650

Gross profit = $814,000 - $386,650
Gross profit = $445,350

3 0

3 years ago

A sporting goods manufacturer budgets production of 48,000 pairs of ski boots in the first quarter and 39,000 pairs in the secon

professor190 [17]

Answer:

$831,600

Explanation:

The budget must account for all of the production of the first quarter and 20% of the production of the second quarter, the number of boots considered in the budget is:

$b= 48,000 +0.20*39,000\\b=55,800\ boots$

Assuming that each boot uses exactly 2kg of raw material and that the company has 19,200 kg on hand, the amount of raw material still required is:

$m = 2*55,800-19,200\\m=92,400\ kg$

If the cost per kg is $9, then the budgeted materials purchases cost for the first quarter is:

$C=92,400*\$9\\C=\$831,600$

The budgeted materials purchases cost is $831,600.

5 0

3 years ago