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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.

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