Hello, yes it's actually common for people to give up their home to avoid further payment only if their lender agrees and allows that to happen. But of course, the remaining balance (the difference of the house value and what's left of the mortgage) must be paid. Walking away from an underwater mortgage can seriously affect that person's financial future and by extent his/her relationship with the community. His/Her credit score will go down with this, it may be difficult for him/her to qualify for another mortgage in the future. Another reason is that - in most states, it is completely legal for lenders to go after the difference (deficiency) because technically they own that and have rights to it.
Answer:
Explanation:
1. Calculate the efficiency variance for variable overhead setup costs.
This will be calculated as:
= Standard Hours - Actual Hours) × Standard rate
= (15000/225 × 5.25 - 15000/250 × 5) × 38
= (350 - 300) × 38
= 50 × 38
= 1900 Favourable
2) Calculate the rate variance for variable overhead setup costs.
This will be:
= Standard rate- Actual rate) × Actual Hour
= (38-40) × (15000/250 × 5)
= -2 × 300
= -600 Unfavourable
3) Calculate the flexible-budget spending variance for variable overhead setup costs.
This will be the difference between the standard cost and the actual cost. This will be:
= (15000/225×5.25 ×38) - (15000/250×5 ×40)
= 13300 - 12000
= 1300 Favourable
4) Calculate the spending variance for fixed setup overhead costs.
what formular did you use.
This will be:
= Standard Cost - Actual Cost
= 9975-12000
= -2025 Unfavorable
Answer:
How does the photo appeal to emotions?
Its shows a worried mother with her children
Why would Lange make up the story of the photo?
Her job was to show suffering
Explanation:
This is the answer for edg2020
Answer:
Explanation:
The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work. It is made of: the non-market sector (public administration, education, human health, social work activities).
Answer:
d. shifts rightward, and the point at which the PPF touches the good- X axis is at 40 units of good X and the point at which the PPF touches the good-Y axis has to be something more than 60 units
Explanation:
The production possibility frontier is a curve that shows the two combinations of goods and services produced in an economy when all its resocurces are fully employed.
The production possibility frontier is downward sloping. It shows that as more of one product is produced, less of the other product would be produced.
The production possibility frontier shifts outward as a result of increase in available resources or technological advancement.
An increase in resources that can be used for the production of only good Y, shifts the ppf outward, to the right. More of good Y would he produced and the production of good X would remain unchanged.
I hope my answer helps you
