Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) The above activities are carried out at two of its regional offices. Activities $78,000 2,000 hours $41,000 20,000 lines $16,000 22,000 accounts $12,000 1,400 letters Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) Northeast Office 180 hours 16,000 lines 1,400 accounts 70 letters Midwest Office What is the cost per letter for the correspondence activity? (Round your answer to the nearest cent.) 300 hours 7,000 lines 600 accounts 130 letters OA. $6.00 B. $29.29 O C. $8.57 OD. $0.73 1

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Account inquiry (hours)
Account billing (lines)
Account verification (accounts)
Correspondence (letters)
The above activities are carried out at two of its regional offices.
Activities
$78,000
2,000 hours
$41,000
20,000 lines
$16,000
22,000 accounts
$12,000
1,400 letters
Account inquiry (hours)
Account billing (lines)
Account verification (accounts)
Correspondence (letters)
Northeast Office
180 hours
16,000 lines
1,400 accounts
70 letters
Midwest Office
What is the cost per letter for the correspondence activity? (Round your answer to the nearest cent.)
300 hours
7,000 lines
600 accounts
130 letters
OA. $6.00
B. $29.29
O C. $8.57
OD. $0.73
1
Transcribed Image Text:Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) The above activities are carried out at two of its regional offices. Activities $78,000 2,000 hours $41,000 20,000 lines $16,000 22,000 accounts $12,000 1,400 letters Account inquiry (hours) Account billing (lines) Account verification (accounts) Correspondence (letters) Northeast Office 180 hours 16,000 lines 1,400 accounts 70 letters Midwest Office What is the cost per letter for the correspondence activity? (Round your answer to the nearest cent.) 300 hours 7,000 lines 600 accounts 130 letters OA. $6.00 B. $29.29 O C. $8.57 OD. $0.73 1
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