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olga nikolaevna [1]
3 years ago
11

Match each component of a mortgage with its definition.

Business
1 answer:
Ray Of Light [21]3 years ago
6 0

Answer:

Fees-the additional costs a lender charged for processing a loan

Principal-The amount initially borrowed from a lender

Taxes-payments homeowners are required to make each year to the government

Down payment- the amount a borrower needs to have on hand to obtain a mortgage

Explanation:

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This is a peer review team.

Peer review is a type of oversight where people in the same group (in this case students at XYZ College) review the actions, behavior, and performance of other people in that group and try to resolve problems or hear both sides of the argument.

7 0
3 years ago
Why should I prepare myself to be career-ready in multiple career clusters ? (3-4 sentences )
marin [14]

Answer:

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Explanation:

5 0
3 years ago
The major consideration when considering lettering on a presentation aid should be how fancy and expensive it looks.
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3 0
3 years ago
The highest GPA you could achieve if your school allows for weighted credit is:
kenny6666 [7]
Higher than 4.0 if it's weighted
3 0
3 years ago
Advertising Costs $ 12 comma 000 Indirect Labor 7 comma 000 ​CEO's Salary 460 comma 000 Direct Labor 54 comma 000 Indirect Mater
sineoko [7]

Answer:

$510,130

Explanation:

Costs can be classified into two categories: Product Costs and Period Costs. Product costs are the manufacturing costs that are incurred in the production of goods and services. Under absorption costing, product costs include direct materials, direct labor, indirect materials, indirect labor, and other factory overhead. These costs are capitalized and expensed out when related goods and services are sold out.

On the other hand, period costs are selling & administrative expenses. These costs are never capitalized and expensed out in the statement of profit or loss as soon as incurred. Examples of period costs are advertisement expenses, depreciation expenses (not related to factory), sales commissions, administrative salaries and wages.

<u>Calculation of Period Costs</u>

Advertising costs                                                           $12,000

CEO's salary                                                                  460,000

Delivery vehicle depreciation                                            1,230

Administrative wages and salaries                                 36,900

Total Period Costs                                                        $510,130

4 0
4 years ago
Read 2 more answers
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