Economies of scale associated with financial intermediaries are realized when the : a. total cost of handling transactions falls as more transactions of different kinds are handled.
b. cost per transaction increases as more transactions are handled.
c. cost per transaction decreases regardless of the number of transactions.
d. cost per transaction falls as a larger volume of similar transactions are handled.

The maximum amount of money that a consumer can charge on a credit card is called the

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12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)