subject
Business, 26.11.2019 03:31 mmaglaya1

Logistics solutions provides order fulfillment services for dot merchants. the company maintains warehouses that stock items carried by its dot clients. when a client receives an order from a customer, the order is forwarded to logistics solutions, which pulls the item from storage, packs it, and ships it to the customer. the company uses a predetermined variable overhead rate based on direct labor-hours. in the most recent month, 110,000 items were shipped to customers using 3,500 direct labor-hours. the company incurred a total of $9,450 in variable overhead costs. according to the company’s standards, 0.03 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is $2.75 per direct labor-hour. required: 1. according to the standards, what variable overhead cost should have been incurred to fill the orders for the 110,000 items? how much does this differ from the actual variable overhead cost? (round labor-hours per item and overhead cost per hour to 2 decimal places.)
credit cards: $0.60 per transaction + 2 % of the amount charged
debit cards: $0.55 per transaction + 1% of the amount charged

1.how much of the total sales revenue is expected to be paid incash?
2.how many customer transactions does the company expect injanuary?
3.how much of the total sales revenue is expected to be paid with credit cards?
4.how many customer transactions will be paid for by customers using creditcards?
5.when budgeting for january's operating expenses, how much should the restaurant expect to incur in credit card transactionfees?
6.how much of the total sales revenue is expected to be paid with debit cards?
7.how many customer transactions will be paid for by customers using debitcards?
8.when budgeting for january's operating expenses, how much should the restaurant expect to incur in debit card transactionfees?
9.how much money will be deposited in the restaurant's bank account during the month of january related to credit and debit card sales? assume the credit and debit card issuers deposit the funds on the same day the transactions occur at the restaurant(there is no processing delay).
10.what is the total amount of money that the restaurant expects to deposit in its bank account during the month of january from cash, credit card, and debit card sales? again assume the credit and debit card issuers deposit the funds on the same day that the transaction occurs.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:40
During january 2018, the following transactions occur: january 1 purchase equipment for $20,600. the company estimates a residual value of $2,600 and a five-year service life. january 4 pay cash on accounts payable, $10,600. january 8 purchase additional inventory on account, $93,900. january 15 receive cash on accounts receivable, $23,100 january 19 pay cash for salaries, $30,900. january 28 pay cash for january utilities, $17,600. january 30 firework sales for january total $231,000. all of these sales are on account. the cost of the units sold is $120,500. the following information is available on january 31, 2018. depreciation on the equipment for the month of january is calculated using the straight-line method. the company estimates future uncollectible accounts. at the end of january, considering the total ending balance of the accounts receivable account as shown on the general ledger tab, $4,100 is now past due (older than 90 days), while the remainder of the balance is current (less than 90 days old). the company estimates that 50% of the past due balance will be uncollectible and only 3% of the current balance will become uncollectible. record the estimated bad debt expense. accrued interest revenue on notes receivable for january. unpaid salaries at the end of january are $33,700. accrued income taxes at the end of january are $10,100
Answers: 2
question
Business, 22.06.2019 17:30
Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in
Answers: 1
question
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
question
Business, 22.06.2019 19:30
Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]
Answers: 1
You know the right answer?
Logistics solutions provides order fulfillment services for dot merchants. the company maintains war...
Questions
question
English, 12.12.2020 16:30
question
Mathematics, 12.12.2020 16:30
question
Mathematics, 12.12.2020 16:30
question
Mathematics, 12.12.2020 16:30
question
English, 12.12.2020 16:30
question
Mathematics, 12.12.2020 16:30
Questions on the website: 13722362