Answer: $222,800
Explanation:
Given that,
Sales = $427,000
Cost of goods sold (all variable) = $173,400
Total variable selling expense = $21,200
Total fixed selling expense = $18,900
Total variable administrative expense = $9,600
Total fixed administrative expense = $36,300
Variable expenses:
= Cost of goods sold + Variable selling expense + Variable administrative expense
= $173,400 + $21,200 + $9,600
= $204,200
Contribution margin = Sales - Variable expenses
= $427,000 - $204,200
= $222,800
The lender and borrower agree to the amount borrowed, the loan amount, the interest rate and the monthly payment, which depend on the borrower's credit rating.Generally, real estate and auto loans are closed-end credit, but home-equity lines of credit and credit cards are revolving lines of credit or open-end.
Developer's Covenants are the most restrictive of the restrictions in place for the land's use.
What developers use restrictive covenants for?
Restrictive covenants are frequently used by land developers to divide the land for residential complexes. After platting the subdivision into lots, blocks, and roadways, a property developer will put some restrictions on how the lots in the development can be used.
Do restrictive covenants expire?
Only after a covenant has been broken for at least a year without receiving any complaints is it possible to purchase restrictive covenant indemnity insurance. However, if purchased, the policy will endure forever and can frequently be transferred to new owners of the property.
Learn more about restrictive covenants: brainly.com/question/18523077
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Answer:
Commitment
Explanation:
It can be defined as an agreement to do something in the future. It is a relationship among two or more people which is based on a mutual and agreed commitment to one another and includes trust, honesty, love. The different forms of committed relationships are close friendship, marriage, and civil unions.
