When activity-based costing is used, what is product X2’s share of the Packaging department overhead costs?
a. $270,000.
b. $240,000.
c. $580,000.
d. $380,000.
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Explanation:
Dan pays 3000 to the bank
Step-by-step explanation:
we know Simple intrest=P×T×R÷100
given,
P=2500
T=2
R=5% per year, so for 2 years it will be
R=10%
S. I=2500×2×10÷100
S. I=500
then, total amount will be
Principal amount+simple intrest
total amount=2500+500
=3000
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