Many companies are going beyond government regulation and are developing strategies and practices that create a world economy th
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Answer: The total using monthly housing payment is 1371.01.
The monthly payment on a house usually comprises of four parts - principal, interest, taxes and insurance. Even though taxes and insurance are due only once a year, most home loan lenders require that these amounts be deposited in an escrow account . They then transfer the amounts to the respective agency when the amounts fall due. So, the value of monthly payment is:
We need to calculate the EMI on the housing loan. This will cover the monthly payment on principal and interest
Next we calculate the monthly property taxes and insurance
Monthly property taxes
Property insurance
Hence the total housing payment is :
Answer:
Allocated overhead for july $227.20
Explanation:
Given data:
direct labor hours is 6100 hr
wages of labor is $14.20/hr
manufacturing overhead is $277,184
duration of labor is 5 hr
overhead allocation rate is given as
allocation rate = manufacturing overhead/ direct labor hour
allocation rate / direct labor hr
Allocated overhead for july