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4 years ago

One reason to buy a home instead of rent a home is:

2 answers:

7 0

I'm not sure if you have answer questions but here are some potential choices:
-Home value can increase over time if you want to sell again.
-You don't need to worry about rent.
-You can change your homes interior and exterior

Effectus [21]4 years ago

3 0

Less money up front equals it to be better than renting an appartment

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Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the

LiRa [457]

Answer:

Results are below.

Explanation:

Giving the following information:

Units Produced Total Costs

101,500 $28,022,500

118,500 30,997,500

131,500 33,272,500

<u>To calculate the fixed and variable costs, we need to use the high-low method:</u>

<u></u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (33,272,500 - 28,022,500 ) / (131,500 - 101,500)

Variable cost per unit= $175

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 33,272,500 - (175*131,500)

Fixed costs= $10,260,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 28,022,500 - (175*101,500)

Fixed costs= $10,260,000

<u>Now, the total cost for 115,000 units:</u>

Total cost= 10,260,000 + 175*115,000

Total cost= $30,385,000

3 0

3 years ago

Computing Cost of Sales and Ending Inventory Stocken Company has the following financial records for the current period. Units U

HACTEHA [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Computing Cost of Sales and Ending Inventory Stocken Company has the following financial records for the current period.

Units= 100

Unitary Cost Beginning Inventory $ 46

Purchases:

#1= 650units at $42

#2= 550units at $38

#3= 200units at $36

The ending inventory is 350 units.

A) First in, first out

First, we need to calculate the number of units sold:

Units sold= beginning inventory + purchases - ending inventory

Units sold= 100 + 1400 - 350= 1150

Ending inventory= 200 units at 36 + 150 at 38= 200*36+150*38=$12900

Cost of goods sold= 100*46 + 650* 42 + 400* 38=$47100

B) Average cost= total cost of units available for sale/ number of unit

Average cost= (100*46+650*42+550*38+200*36)/1500

Average cost= $40 unit

Ending inventory= 350*40= $14,000

COGS= 1150*40= $46,000

C) Last in, first out

Ending inventory= 100 units* 46 + 250 units*42= $15,100

COGS= 200* 36 + 550*38+ 400*42= $44,900

8 0

4 years ago

quizlet fairwell lending must seek the court’s permission to foreclose on a property used as collateral for a loan that is in de

vladimir1956 [14]

It is most likely that a judicial foreclosure will be used when a lending seek the court’s permission to foreclose on a property used as collateral for a loan that is in default.

<h3>What is a foreclosure process?</h3>

Basically, a foreclosure refers to the legal process that allows lenders to recover the amount owed on a defaulted loan by taking ownership of and selling the mortgaged property.

The judicial foreclosure involves the foreclosure proceedings that take place through the court system. This process occurs when a mortgage note lacks a power of sale clause which would legally authorize the mortgage lender to sell the property if a default occurred.

Read more about foreclosure process

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8 0

2 years ago

Using the substitution theorem and the important equivalences (handout) show the following equivalence. Use only one substitutio

vlada-n [284]

Answer:

Explanation:

Commutative laws: p ∧ q ≡ q ∧ p

p ∨ q ≡ q ∨ p

Associative laws: (p ∧ q) ∧ r ≡ p ∧ (q ∧ r)

(p ∨ q) ∨ r ≡ p ∨ (q ∨ r)

Distributive laws: p ∧ (q ∨ r) ≡ (p ∧ q) ∨ (p ∧ r)

p ∨ (q ∧ r) ≡ (p ∨ q) ∧ (p ∨ r)

Identity laws: p ∧ t ≡ p

p ∨ c ≡ p

Negation laws: p ∨ ∼p ≡ t

p ∧ ∼p ≡ c

Double negative law: ∼(∼p) ≡ p

Idempotent laws: p ∧ p ≡ p

p ∨ p ≡ p

Universal bound laws: p ∨ t ≡ t

p ∧ c ≡ c

De Morgan’s laws: ∼(p ∧ q) ≡ ∼p ∨ ∼q

∼(p ∨ q) ≡ ∼p ∧ ∼q

Absorption laws: p ∨ (p ∧ q) ≡ p

p ∧ (p ∨ q) ≡ p

Negations of t and c: ∼t ≡ c

∼c ≡ t

6 0

3 years ago

Using the following information:

jasenka [17]

Answer and Explanation:

The preparation of the bank reconciliation statement for August 31 is presented below:

Miller Co.

Bank reconciliation statement

August 31

Particulars Amount Particulars Amount

Bank cash balance $4,709 Company cash balance $5,162

Add: Less:

Deposits in transit $1,035 Bank service charges -$33

Less: Outstanding Error in recording -$9

Check -$624

Bank balance Company balance

After reconciliation $5,120 After reconciliation $5,120

6 0

3 years ago