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3 years ago

Which should Jill do to increase her credit score?

Business

2 answers:

Kay [80]3 years ago

7 0

Answer:

C. Pay off her credit card debt.

Explanation:

Edge.nuity 2020

marshall27 [118]3 years ago

6 0

Answer:

Pay off her credit card debt.

Explanation:

A credit score is indicative of one's history of loan repayments. A high credit score communicates that the borrower has been timely in paying their loans. It tells that an individual has been responsible when using credit facilities.

A low credit score says that the customer is often late in repaying their loans. If Jill wants to improve his credit score, he should clear all his outstanding debts.

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Job 148 requires $12,000 of direct materials, $6,700 of direct labor, 550 direct labor hours, and 270 machine hours. It also req

taurus [48]

Answer:

b. $26,740

Explanation:

The computation of the total amount of overhead allocated is shown below:

overhead allocated is

= (actual direct labor hour × overhead rate per direct labor hour) + (Actual machine hour × overhead rate per machine hour)

= (550 × 28) + (270 × 42]

= $15,400 + $11,340

= $26,740

hence, the total amount of overhead allocated is $26,740

6 0

3 years ago

By how many packs of cigarettes does quantity demanded decrease due to the excise tax on cigarettes?

andrezito [222]

Answer:

Explanation:

The government taxes packs of cigarettes both to discourage smoking and to raise tax revenue. The average excise tax on a pack of cigarettes is $2.50 per pack. The table below presents the annual demand and supply schedules, in billions of packs, both before and after the tax on packs of cigarettes.

3 0

3 years ago

Van Frank Telecommunications has a patent on a cellular transmission process.

Sonbull [250]

Answer:

Van Frank Telecommunications

December 31, 2016:

Debit Amortization Expense - Patent $4,400,000

Credit Accumulated Amortization-Patent $4,400,000

To record the revised amortization expense for the year.

Explanation:

Data and Calculations:

Patent's value on January 1, 2012 = $19,800,000

Patent's assessed lifespan = 9 years

Amortization expense for each year on straight-line = $2,200,000 ($19,800,000/9)

Accumulated Amortization for Patent = $6,600,000 (for 3 years)

Net book value of patent = $13,200,000 ($19,800,000 - $6,600,000)

Revised lifespan = 6 years

Revised amortization expense per year = $4,400,000 ($13,200,000/3)

8 0

3 years ago

A single man lived in his residence for 3 years, sold it for a gain of 185000 he is 58 years old when preparing his tax return h

svlad2 [7]

File form 6239 for a reduced rate.

8 0

3 years ago

An important application of regression analysis in accounting is in the estimation of cost. By collecting data on volume and cos

gulaghasi [49]

Answer:

(1) $\text{Total Cost}=1246.67+7.60\ \text{Volume}$

(2) The variable cost per unit produced is $7.60.

(3) The coefficient of determination is 0.96 or 96%.

(4) The estimated total cost is $5,046.67.

Explanation:

A regression analysis for the provided data is performed on Microsoft Excel.

The output is attached below.

(1)

The estimated regression equation that could be used to predict the total cost for a given production volume is:

$\text{Total Cost}=1246.67+7.60\ \text{Volume}$

(2)

The variable cost per unit produced is given by the slope of the line.

The slope of a regression line represent the value of the dependent variable for one unit of the independent variable.

So, the variable cost per unit produced is $7.60.

(3)

Consider the regression output attached.

The coefficient of determination is 0.96 or 96%.

This implies that the percentage of the variation in total cost that can be explained by production volume is 96%.

(4)

For Volume = 500 units predict the total cost as follows:

$\text{Total Cost}=1246.67+7.60\ \text{Volume}$

$=1246.67+(7.60\times 500)\\\\=1246.67+3800\\\\=5046.67$

Thus, the estimated total cost is $5,046.67.

4 0

3 years ago