Answer:
Total budgeted manufacturing cost = $824,000
Explanation:
The total budgeted manufacturing cost is the sum of the variable and fixed manufacturing cost
The fixed manufacturing cost of $30,000 would be absorbed (i.e charged to the units produced using overhead absorption rate (OAR).
OAR = Budgeted fixed manufacturing cost / Budgeted production squares
= $30,000 / 50,000 squares = $0.6 per square
Absorbed fixed manufacturing cost= OAR × actual production of squares
Absorbed fixed manufacturing cost= $0.6 × 40,000 = $24,000
Variable manufacturing cost = $20.00 × 40,000 =800,000
Total budgeted manufacturing cost = $24,000 + $800,000 = $824,000
Total budgeted manufacturing cost = $824,000
My answer would be C ''Foreign Exchange Rate''.
Answer:
A. Prequalification
Explanation:
First, the Options to the Question
a. Prequalification
b. A contingency clause
c. A Multiple Listing Service
d. Due diligence
What is a PreQualification in Mortgage Processing
Because most persons who are interested in buying a home do not have hundreds of thousands of dollars in cash to purchase the home of their dreams, the concept of mortgage is to approach a lender who will then advance the needed sum for the purchase and then the borrower will pay the advanced sum over some time (most times up to 30 years) at an interest rate.
A PreQualification is a process through which the lender evaluates the creditworthiness of the borrower and also decide the amount of loan the borrower is entitled to. This is done through the financial documents and records made available to the lender by the borrower
One important takeaway from a prequalification is that it is an approximation of what a borrower is entitled to base solely on the information given to the lender. It is, therefore, an approximation which can be less or more when the official application for the loan is submitted.
As stated in the question, getting a prequalification helps Matt to identify and understand the areas of problems and credit report errors that may arise and then he can use the prequalification information to attend to these errors and ensure a proper application is submitted that will allow him to maximise the amount of loan that can be made available to him.
Once Matt has corrected errors and identified problems that may arise on his mortgage application, he then gathers the relevant document and goes for the first formal process in mortgage processing which is the preapproval.
Answer:D.$14,100 gain
Explanation:
The par value of a bond is $100 when it's issued below the price it's issued at a discount which is a loss to the firm and when it's issued above the par value, it's issued at a premium which is a gain.
The issue of $705,000 means 7050 numbers were issued and retiring it $102 means at a premium of $2 per bond and a total of N14,100 gain.
$788 to me and my brother in law I come see him
