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Trade credit terms are 2/10, net 40.
a. What is the true interest cost of skipping the discount and paying on day 40? Estimate both the APR and the APY.
b. If payment is stretched to day 55 (fifteen days late), calculate the true interest cost of skipping the discount if the supplier accepts the payment without penalty at that time. Again, estimate both the APR and the APY.
Determine the activity rate (i.e., predetermined overhead rate) for each of the four activity cost pools. (Round your answer to 2 decimal places. Omit the "$" sign in your response. and compute the unit product cost of each product. (Round your ans..
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the talbott company has received an order 324 for 100 widgets. on january 20 the shop supervisor requisitioned 100
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