Answer:
Missing word<em> "and the cost of one point at the time of closing"</em>
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Down payment = $260,000*15%
Down payment = $260,000*0.15
Down payment = $39,000
Amount of mortgage = $260,000 - $39,000
Amount of mortgage = $221,000
Cost of 3 point at the time of closing = 3% of amount of mortgage
Cost of 3 point at the time of closing = 3% * $221,000
Cost of 3 point at the time of closing = $6,630
Answer:
$2,666
Explanation:
Given that:
- Current ask price: $4.30
- Bid quotes $4.27
- Market buy order: 620 shares
So, the cost to buy these shares:
Number market buy order * Current ask price/share
= 620*$4.30
= $2,666
Hope it will find you well.
People either get hired to balance out how much a company is paying their employees, or the price of their priduuct increases to balance out how much money their employees are getting paid
GDP is the total market value of all final goods and services produced within a country in a given period of time.
Answer:
total equivalent units for materials = 6,310
Explanation:
700 units in beginning work in process:
- materials: 70% complete, $8,700, completed 490 equivalent units, not completed 210 units
- conversion: 10% complete, $3,700
units started in to production 6,400
units transferred out 5,600
ending work in process 1,500
- materials: 80% complete, completed 1,200 equivalent units for materials
- conversion: 25% complete
materials added $92,200
conversion costs added $269,600
equivalent units for materials:
- beginning WIP equivalent units to be completed = 210
- units started and completed = 5,600 - 700 = 4,900
- ending WIP = 1,200 equivalent units
- total equivalent units for materials = 6,310
