Answer:
(a)
Payment = $4,459
(b)
payment = $4,120
Explanation:
solution
we know that Payment will be here
in 1st part (a)
payment = Mercahndise - sales and allwances - discount + frieght ..............1
so here
Discount = (merchandise - sales return and allowance) × Discount% .........2
put here value
Discount = ( 5,700 - 1600 ) × 1%
Discount = $41
so
from equation 1 payment will be
Payment = 5700 - 1600 - 41+400
Payment = $4,459
and
in 2nd part (b)
from equation 2
put the value
Discount = (4,800 - 800 ) × 2%
Discount = $80
so
Payment will be here
payment = 4800 - 800 - 80 + 200
payment = $4,120
Answer:
Setting short term goals now helps you reach long term goals later
Answer:
1. Overhead incurred during the year;
= Depreciation on manufacturing plant and equipment + Property taxes on plant + Plant Janitors wages
= 485,000 + 19,000 + 9,500
= $513,500
2. The under or over allocation depends on how much manufacturing overhead was allocated to jobs for the year.
= Actual machine hours * Overhead rate
Overhead rate = Manufacturing overhead cost / Allocated Machine hours
= 570,000 / 71,250
= $8
Allocated Manufacturing Overhead = 57,000 * 8
= $456,000
The allocated manufacturing overhead is more than the actual overhead. This means that it is Underallocated and the company did not budget enough for the overheads.
Underallocation = 513,500 - 456,000
= $57,500
The two things that should be important for finishing the initial mortgage loan application are the purchase price of the home, present debts & credit history.
The following information should be considered:
- The above two things should be important as it helps in determining the loan amount & credit history for determining the credit score.
- Also, the insurance money & money in the saving account should not be important also the income proof is required at a later stage for the loan security.
Therefore we can conclude that the two things that should be important for finishing the initial mortgage loan application are the purchase price of the home, present debts & credit history.
Learn more about the loan here: brainly.com/question/11794123
