What is one difference between fixed-rate mortgages and variable-rate mortgages?

1 answer:

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The correct answer should be B. The interest rate may change depending on the condition of the economy.

Fixed-rate mortgages keep the same rates as they were declared at the time of the contract signing, which can either be great for the person or the bank depending on the economy fluctuations. Variable-rate mortgages change based on the economy which means that the conditions are always kept to a certain standard.

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Gale Corporation manufactures windsocks. The business recently decided to adopt an ABC accounting system. The following activiti

Vladimir [108]

Answer:

The total cost of producing the 20,000 windsocks is: $270,000.

Explanation:

COMPUTATION:

MATERIAL HANDLING OF PARTS .

$1.00

3X20,000

TOTAL OVERHEAD COST = 60,000.

MACHINING MACHINE HOURS.

60/HR

1/minute

5 X 20,000

100,000.

PACKAGING NUMBER OF FINISHED UNITS .

$2.00

20,000 X 2

40,000.

TOTAL OVERHEAD COST = 60,000 + 100,000 + 40,000 = $ 200,000.

Total Materials and labor

3.50 per windstocks

3.5 x 20,000

= 70,000.

The total cost of producing the 20,000 windsocks is:

= $200,000 + 70,000

$270,000 total cost.

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3 years ago

At points on the short run aggregate supply curve (SAS) to the left of the long run aggregate supply curve (LAS), resources are

meriva

Answer:.b----underutilized, making it more likely that the short run aggregate supply curve (SAS) will shift down.

Explanation: At points on the short run aggregate supply curve shifting to the left of the long run aggregate supply curve means that the economy is at the stage where output in the short run will not exceed output on the long run therefore resources will be underutilized resulting to lower prices and therefore causing a a downward shift on the short run aggregate supply curve.

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2 years ago

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Dillon Products manufactures various machined parts to customer specifications. The company uses a joborder costing system and a

PIT_PIT [208]

Dillon Products produces a range of machined components according to client requirements. The business employs a joborder pricing system and bases overhead costs on machine hours when applying them to works. The firm was expected to work 240,000 machine hours and pay manufacturing overhead expenses of $4,800,000 at the start of the year.

The business worked on a significant order for 16,000 specially produced machined components over the whole month of January. At the start of January, the business had nothing ongoing. [See final answer in attachement]

What is manufacturing overhead cost?

Manufacturing overhead costs are all expenses spent during the manufacture of goods, except direct labor and direct material costs. Fixed manufacturing overhead costs and variable manufacturing overhead costs are additional categories for manufacturing overhead costs.
Manufacturing overheads are often referred to as factory overheads and indirect production costs. Since it is challenging to connect these costs directly to each product, they are indirect. To account for this, manufacturing overhead expenses are added to product costs using a pre-set overhead absorption rate.
The manufacturing overhead expenses per base unit of activity are represented by the overhead absorption rate (also called cost driver).
Labor costs, labor hours, and machine hours are common cost factors. Because they are capitalized as part of the cost of inventories rather than being expensed in the period in which they are incurred, manufacturing overhead expenses are product costs (inventoriable costs).

To learn more about manufacturing overhead cost,

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