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Determine the cost to process 1,000 receipts

Problem:

Trans-X processes credit card receipts for local banks. Trans-X processed 1,400,000 receipts in October. All receipts are processed the same day they are received. October costs were labor of $14,000 and overhead of $28,000. What is the cost to process 1,000 receipts? $10.00 $30.00 $20.00 $42.00

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Accounting Basics: Determine the cost to process 1,000 receipts

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