The Economic Data Board is the organization which conducts economic research and maintains a list of leading economic indicators. They also publish monthly reports on economics such as trends and factors.
Answer:
Option D is correct
Explanation:
Option A is incorrect because in amortized mortgage case the person is paying interest plus principal amount and this aggregated amount gets lower with passage of months because the principal amount left to pay gets lowered and so the interest on this principal amount gets lowered. So saying that the interest paid each month by the passage of months get increased is incorrect.
Option B is also incorrect because monthly payment decreases with passage of time as stated in the justification of Option A above.
Option C is also incorrect because it depends upon the time period because time period is directly proportional to Mortgage paid. The greater the time period is the grerater would be the mortgage paid and the greater the mortgage payment is the greater is the share of interest payment share percentage.
Option D is also incorrect because in amortized mortgage case the person is paying interest plus principal amount and this aggregated amount gets lower with passage of months because the principal amount left to pay gets lowered and so the interest on this principal amount gets lowered. So saying that the interest paid in the first monthly payment will be higher is correct and also that the interest cost on the last payment of mortgage will be lower.
Option E is also incorrect because the amount representing interest in the first payment would be higher only if the nominal interest rate increases from the 10% and the option E says the opposite.
Answer: ".b. The assumption selected may be changed each accounting period." IS FALSE regarding an assumption of inventory cost flow.
Explanation: When using an inventory cost flow assumption, we can choose between using the FIFO, LIFO, Weighted Average, or specific identification method, but the method CANNOT be changed in each accounting period.
Just some brainstorming:
the regulator
goldilocks (this blanket is just right)
the womblanket (combining womb and blanket)
creature comfort
magic blanket
thermazing (thermo plus amazing)
they are not all good but maybe it will spark something for you. personally I like the regulator...
Answer:
Under absorption costing ,net operating income = $63625
Explanation:
<u> Cost per unit:</u>
Variable cost per unit = 675 per unit (a)
Fixed cost per unit = Fixed overhead cost /uits produced = 63000/350
= 180 per unit (b)
Total cost per unit = (a)+(b)= 675+180= 855 per unit
Hayek Bikes
Income statment
( Absorption costing)
$
Sales (225 * 1625) = 365625
less: <u>Cost of goods sold:</u>
(225 * 855) = <u>(192375)</u>
Gross profit 173250
Less: variable selling and administraive expense 14625
Fixed selling and admintrative expense <u>95000 </u>
=(<u>109625</u>)
Net operating income 63625