Answer: Option 3. Warehousing
Explanation: Warehousing can simply be defined as a situation whereby banks and other lenders make mortgage loans to consumers for the purpose of quickly selling those loans on the secondary market and furthermore, "warehousing" happens when individual loans are bundled, often with a common element such as the size of the mortgage or credit worthiness of the borrowers, and sold as a single unit.
Answer:
Direct material quantity variance= $6,300 unfavorable
Explanation:
Giving the following information:
Direct materials 2 grams $7.00 per gram
The company produced 4,600 units in January using 10,100 grams of direct material.
<u>To calculate the direct material quantity variance, we need to use the following formula:</u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (2*4,600 - 10,100)*7
Direct material quantity variance= $6,300 unfavorable
Answer:
$125
Explanation:
Time value = Premium - Intrinsic value
Premium. = 2 or $200 i.e 2×100
Intrinsic value = 75
= $200 - $75
= $125
I think it’s 4 tell me if I’m wrong
Answer:
Jessica's for AGI deduction for these costs is:
b. $14.00.
Explanation:
The aggregate gross income (AGI) can be defined as the total amount of income that an individual earns and is used in calculating the amount of income tax that an individual is liable to pay. The AGI can be expressed as follows;
AGI=T×N×W
where;
AGI=aggregate gross income
T=toll amount per way
N=number of times she reported
W=number of way
In our case;
AGI=unknown, to be determined
T=$1.75
N=4
W=2
Replacing;
AGI=(1.75×4×2)=$14.00
Jessica's for AGI deduction for these costs is:
b. $14.00.