Samantha's credit card issuer calculates interest using the balance remaining after applying all payments and credits made during the billing cycle. What is
this method of calculating interest on a credit card called?
A. Adjusted balance method
B. Average daily balance method
a
C. Previous balance method
D. None of the above

Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.