Answer:
You will have to pay fees and your credit score will decrease.
Explanation:
If you do not make at lest the minimum payments for all your outstanding debts, the lender will probably charge you late payment fees (which can be very expensive), and your credit score will certainly decrease. This will end up increasing your future credit costs and hurt your ability to access them.
Answer:
Standard markup pricing
Explanation:
The reason is that under standard markup pricing the cost of the product is deemed 100% and markup is calculated by multiplying the percentage markup with the total unit cost which is 100%.
For your understanding of standard markup pricing:
Selling price = Cost + Profit
160% = 100% + 60%
By putting values:
Selling price 160% = $30 is 100% Cost + 60% of 100% cost is profit markup
Selling price 160% = $30 + $30 * 60% = $48
As regulated by the FDA, if a menu item is described as low fat, it must contain 3g of fat, or less, per serving. No more than 30% of calories can be from fat.
The correct answer is $25,000.
Direct labor cost = $20,000
Overhead application rate = 125% of direct labor cost
Overhead applied =20000 * 125% = $25,000
Direct labor refers back to the salaries and wages paid to people that can be once attributed to unique products or services. It includes the price of regular operating hours, extra time hours labored, payroll taxes, unemployment tax, Medicare, employment insurance, and so forth.
A direct exertions fee is calculated actually by using dividing the predicted total hard work price by using the overall direct exertions hours. For example, if the charge is for a Machinist stage I, the enterprise would calculate the mixture of wages plus taxes and fringe advantages the business enterprise pays for this hard work class over the following yr.
Once you have got the entire value, the direct labor fee is calculated by means of dividing that dollar quantity by way of the whole hours of labor calculated in advance. The end result is the direct exertions cost consistent with the hour for the production of that product or the shipping of that service.
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