Account inquiry (hours) Account billing (lines) Account verification (accounts) $69,000 $40,000 $15,000 2,100 hours 17,000 lines 22,000 accounts Correspondence (letters) The above activities are carried out at two of its regional offices. $14,000 1,400 letters Activities Northeast Office Midwest Office Account inquiry (hours) 140 hours 300 hours Account billing (lines) Account verification (accounts) 1,900 accounts 14,000 lines 7,000 lines 600 accounts Correspondence (letters) 50 letters 130 letters What is the cost per account for the account verification activity? (Round your answer to the nearest cent.) OA. $10.00 O B. $4.06 OC. $0.68 O D. $32.86
Account inquiry (hours) Account billing (lines) Account verification (accounts) $69,000 $40,000 $15,000 2,100 hours 17,000 lines 22,000 accounts Correspondence (letters) The above activities are carried out at two of its regional offices. $14,000 1,400 letters Activities Northeast Office Midwest Office Account inquiry (hours) 140 hours 300 hours Account billing (lines) Account verification (accounts) 1,900 accounts 14,000 lines 7,000 lines 600 accounts Correspondence (letters) 50 letters 130 letters What is the cost per account for the account verification activity? (Round your answer to the nearest cent.) OA. $10.00 O B. $4.06 OC. $0.68 O D. $32.86
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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