Javier buys a 3D TV and a DVR from West Coast Sales. West Coast agrees to lend him 90 percent of the purchase price. Their agreement is known as a(n): ______
A) a purchase money security interest.
B)a future transaction.
C)a floating lien.
D)transferred collateral interest.
A
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Freeze Frame, Inc. produces cameras that require three processes, A, B, and C, to complete. Digital camera model #789 is the best-selling of all the many types of cameras produced. Information related to the 550,000 units of digital camera model #789 produced annually is shown below:Direct materials$450,000Direct Labor? Department A (7,000 DLH x $21 per DLH)$147,000 Department B (25,000 DLH x $19 per DLH)$475,000 Department C (10,000 DLH x $26 per DLH)$260,000Machine Hours? Department A42,000 MH Department B23,000 MH Department C38,000 MHFreeze Frame's total expected overhead costs and related overhead data are shown in the following table:?Department ADepartment BDepartment CDirect labor hours90,000 DLH75,000 DLH42,000 DLHMachine hours67,500 MH135,000 MH53,200
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