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madam [21]
3 years ago
14

Prior to closing, a final walkthrough of the property should be performed to ensure that everything has remained as stated in th

e sales contract. The walkthrough is generally completed by the:
Business
1 answer:
vitfil [10]3 years ago
3 0

Prior to closing, a final walk through of the property should be performed to ensure that everything has remained as stated in the sales contract. The walk through is generally completed by the: buyer

<h3><u>Explanation:</u></h3>

In real estate field final walk through refers to the inspection that is carried out finally before signing the documents. The local purchase and sales contract determines the time period at which the final walk through must be taken place. It helps the buyer to ensure the conditions to the property before signing the legal documents.

A final walk through helps a buyer to inspect whether all the things that are stated in the sales contract are fulfilled by the seller. Hence, it must be completed only by the buyer. If the seller has mentioned some modifications or repairs to be done then it should also be completed as per the stated requirements of the buyer.

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Job-Order Costing and Decision Making [LO2-1, LO2-2, LO2-3]
Anastaziya [24]

Answer:

a. $21 per machine hours

b. $4,855          

Explanation:

a. The computation of the plantwide predetermined overhead rate is shown below:

Plantwide predetermined overhead rate is

= Variable overhead cost rate per machine hour + Fixed overhead cost rate per machine hour

= $2 + (fixed manufacturing overhead cost ÷ Estimated machine hours)

= $2 + ($4,275,000 ÷  225,000 machine hours)

= $2 + $19

= $21 per machine hour

b. Now the total manufacturing cost assigned is

Particulars                                      Amount

Direct material                               $1,702        

Direct labor                                $1,221

Variable manufacturing overhead $168

(84 × $2)

Total variable cost                        $3,091

Add:

Fixed manufacturing overhead

(84 × $21)                                $1,764

Total manufacturing cost assigned

to Job P90                                    $4,855          

7 0
3 years ago
If Revere Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $13,200,
djverab [1.8K]

Answer:

Margin of safety ratio= 0.12

Explanation:

Giving the following information:

Sales= 1,250 units

Break-even point in sales= $13,200

Selling price= $12

<u>First, we need to determine the current sales in dollars:</u>

Sales in dollars= 1,250*12= $15,000

<u>Now, the margin of safety ratio:</u>

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= (15,000 - 13,200) / 15,000

Margin of safety ratio= 0.12

6 0
3 years ago
True or False<br><br> To raise money, a partnership can sell stock.
nataly862011 [7]

Answer:

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Only the public listed corporations can trade stocks and sell them to the open public in a registered stock exchange.

Explanation:

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3 years ago
The government regulates financial markets for two main reasons: A. to ensure that financial intermediaries do not earn more tha
Keith_Richards [23]

Answer:

C. to improve control of monetary policy and to increase the information available to investors.

Explanation:

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4 0
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ne of the most important financial management activities that a firm undertakes is its evaluation and allocation of investment f
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Answer:

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