Answer:
Ending inventory value= $380,000
Explanation:
Giving the following information:
Costs per unit are: direct materials $25, direct labor $12, and variable overhead $1.
Ending inventory in units= 10,000
<u>Under the variable costing method, the unit product cost is calculated using direct material, direct labor, and variable overhead.</u>
Unit product cost= 25 + 12 + 1= $38
Ending inventory value= 38*10,000= $380,000
Answer:
2,000 test
Revenues 2,000*$320=$640,000
Variable costs 2000*$205 ($160+$21+$6+$8+$10)=$410,000
Fixed costs=$37,000 ($22,000+$15,000)
Income =$193,000
1,250 test
Revenues 1,250*$320=$400,000
Variable costs 1,250*$205 ($160+$21+$6+$8+$10)=$256,250
Fixed costs=$37,000 ($22,000+$15,000)
Income =$106,750
Explanation:
To qualify for a mortgage loan originator endorsement, applicants must meet education, examination, credit report, and <u>Education</u> requirements.
A broker working as a sole proprietor who performs residential mortgage loan originator (MLO) sports should record a corporation (MU1) form and a man or woman (MU4) form electronically through NMLS to gain a business enterprise MLO license endorsement.
For individuals licensed by means of the branch of real estate, a loan originator way An man or woman who takes a residential loan software or offers or negotiates terms of a residential mortgage for compensation or benefit.
Loan originators consist of retail banks, loan bankers, and mortgage brokers.
Learn more about mortgage loan originators here
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