If you wish to make purchases that are charged against your checking account without writing a check you need to have a(n) ________

Fill in the blank(s) with the appropriate word(s).

Answer: debit card

Business

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The following information relates to Leonard Manufacturing's overhead costs for the month

Static budget variable overhead $14,200 Static budget fixed overhead $5,600 Static budget direct labor hours 1,000 hours Static budget number of units 5,000 units Leonard allocates manufacturing overhead to production based on standard direct labor hours. Leonard reported the following actual results for last month: actual variable overhead, $14,500; actual fixed overhead, $5,400; actual production of 4,700 units at 0.22 direct labor hours per unit. The standard direct labor time is 0.20 direct labor hours per unit. Compute the fixed overhead cost variance. What will be an ideal response

Business

To save for her newborn son's college education, Kelli Peterson will invest $1,500.00 at the end of each year for the next 18 years. The interest rate she expects to earn on her investment is 9%. How much money will she have saved by the time her son turns 18?

a. $69,027.00 b. $68,399.00 c. $61,952.00 d. $55,461.00

Business