The motory is a retail automobile dealer. to finance its inventory of new automobiles, the motory borrows money from american bank and gives the bank a security interest in the inventory. the motory sells an automobile that is subject to the security agreement to jen, who signs an installment sales contract, agreeing to pay the motory for the car in 48 equal monthly installments. if the motory defaults on its payment to american bank, the bank is entitled to receive the remaining payments from jen. what are these remaining payments called?

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be: