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Trans-X Processes Credit Card Receipts for Local Banks

question 37

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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?


Definitions:

Endocrine System

A network of glands throughout the body that produces hormones regulating important body functions.

Somatic Nervous System

A part of the peripheral nervous system that handles voluntary control of body movements via skeletal muscles.

Autonomic

Pertaining to the part of the nervous system that controls involuntary actions of the muscles and glands.

Somatic

Pertaining to the body, especially as distinct from the mind or spirit, often in context with sensory experiences or the voluntary nervous system.

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