Answer:
multiple production department factory overhead rate
Explanation:
For allocating the factory overhead, the most common method is multiple production department factory overhead rate
The formula of the multiple production department factory overhead rate is shown below:
= Estimated department manufacturing overhead ÷ Estimated allocation base
By this formula, we can find out the factory overhead rate with respect to multiple production department
B Balance transfer fee
C Annual membership fee
D Reload fee
The correct option is D.
Reload fee is not charged by the credit card companies.
Further Explanation:
Credit card:
Generally, Credit card is issued by financial institutes such as banks. Credit card is a plastic card that allows the cardholders to borrow the funds from the respective bank and then spend the funds as per their requirements. A credit card can be used for the purchase of goods and services. Generally, credit card has a specific limit. It is known as a line of credit (LOC). The cardholder can withdraw or use the funds up to the LOC. The cardholder has to pay the borrowed amount along with the interest on the borrowed funds after a specific period of time, which is defined and stated at the time of issuing the credit card.
Reload fee:
Reload fee is charged on the prepaid cards (debit cards). When the balance in the account comes to a minimum level, the accountholder requests the banker to refill his debit card. Bank refills the debit card by charging a small fee. That fee is called reload fee.
Therefore, reload fee is not charged on the credit card. It is charged on the debit card.
Learn more:
1. Learn more about the credit card utilization
2. Learn more about maintaining the high credit score
3. Learn more about various approaches to increase the credit score
Answer details
Grade : Senior School
Subject : Business Studies
Chapter : Money and Banking
Keywords: fees, typically, charged, credit card, companies, except, late payment fee, balance transfer fee, annual membership fee, reload fee.
Answer: Virtual
Explanation: A virtual organization can be defined as a group of small organisation and individual who join their efforts to produce a particular good or service. It is considered as a separate form of an organisation. These organisations usually have very small or no physical existence.
Online teaching sites with different teachers and subject experts answering question from their homes is an example of such an organisation.
Answer:
Virtual
Explanation:
Virtual organizations are characterized by their lack of physical locations such that all employees work from home or a location of their choice to help in cost containment.
B) A monopolistically competitive firm faces competition from firms producing close substitutes.
C) A monopolistically competitive firm is guaranteed to make more than normal profits in the long run.
D) A monopolistically competitive firm does not choose a level of output where marginal cost is equal to marginal revenue.
Answer:
Letter b is correct. A monopolistically competitive firm faces competition from firms producing close substitutes.
Explanation:
Monopolistic competition is an economic situation that occurs when companies exhibit imperfect competition, that is, companies market similar but not identical products, which characterize them as substitute but not perfect substitute products.
Products may have different variables, such as quality, price and reputation in the market. The greater the degree of product differentiation, the more price control the company will have.
Answer:
Debt service fund.
Explanation:
A debt service fund is a cash reserve that is used to pay for the interest and principal payments on certain types of debt.