Answer:
c. debit to Manufacturing Overhead of $87,000
Explanation:
Account Titles and Explanation Debit Credit
Manufacturing overhead $87,000
Accounts payable $87,000
(Being manufacturing overhead incurred)
Therefore, journal entry for actual manufacturing overhead costs would include a debit to manufacturing overhead of $87,000.
Manufacturing overhead is debited with $87,000 to record actual manufacturing overhead.
If Nina and rob prepaid some of their interest to their lender when financing their new home, This is called buydown.
<h3>
What is buydown?</h3>
Buydown can be defined as the process in which a mortgage borrower plan to acquire an interest that is lower by paying prepaid interest or fee.
Hence, Nina and rob are using mortgage financing strategy which is why they prepaid some of their interest to their lender so as to have lower interest.
Learn more about buydown here:brainly.com/question/17438294
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Answer:
92.86%
Explanation:
Debt-to-income ratio is a comparison or personal debts against income. It is used to assess an individual ability to accommodate more debts.
The formula for for calculating Debt to income is
Debt to income is <u> Total of Monthly Debt Payments </u>
Gross Monthly Income
For Affan, Total debts are $450 + $375 + $50+ $100 =$ 975
Gross income is not given , we use net income which is $1,050
Debt to income ration = $975/$1050
= 0.92857 x 100
= 92.86%
Answer: value
Explanation:
From the question, we are informed that Gen-Fast Shoes wants to expand internationally and is deciding if its line of tennis shoes can be sold at a high price in Europe.
One way for Gen-Fast Shoes to assess this is to determine whether these types of shoes in the foreign market offer customers greater value.
Value simply means the worth of something. When people realize that the tennis shoes are worth it, it'll command a high value.