3 years ago

A mortgage is a legal agreement between a borrower and a

Business

2 answers:

o-na [289]3 years ago

7 0

I believe the answer is D. Bank

Delvig [45]3 years ago

3 0

A mortgage is a legal agreement between a borrower and a bank. The lending bank is called the mortgagee, while the borrower is called the mortgagor. According this agreement the borrower receives the funds he/ she needs to purchase the home while the bank (the lender) receives a lien on the property.

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Rediger Incorporated a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work

saveliy_v [14]

Answer:

cost of goods manufactured= $161,800

Explanation:

Giving the following information:

Beginning Work in Process inventory= $41,000

Ending Work in Process inventory= $26,500

Direct materials= $58,800

Direct labor cost= $33,700.

The manufacturing overhead cost applied to Work in Process was $54,800.

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 41,000 + 58,800 + 33,700 + 54,800 - 26,500

cost of goods manufactured= $161,800

3 0

3 years ago

The Pet Store experienced the following events for the Year 1 accounting period:________.

pogonyaev

Answer:

I used an excel spreadsheet since there is not enough room here

Explanation:

Download pdf

6 0

3 years ago

Icy Mocha Company estimates its factory overhead costs to be $35,000 and machine hours to be 5,000 for the year. If the actual h

emmainna [20.7K]

Answer:

d) overapplied $160

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

$35,000 expected overhead / 5,000 machine= 7 dollar per machine hour are spend on overhead

applied overhead:

4,980 x 7 = 34,860

actual overehad: 34,700

As the amount of cost enter by the accounting are above the real cost, we are going to increase the manufacturing overhead cost and making the net income lower for this particular reason.

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3 years ago

The profit earned from the sale of stock that has increased in value is known as

schepotkina [342]

Answer:

a capital gain . that is c

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3 years ago

Read 2 more answers

Which of the following is an example of a social career?

hichkok12 [17]

Nurse is an example of that