Challenges associated with creating a benchmark program

How old do you have to be to get a reverse mortgage

Murljashka [212]

Answer: Minimum 62 years

Explanation: As per the rules, the youngest borrower must have attained the age of 62 years to qualify for reverse mortgage loan. There are several other requirements as well.

HUD financial criteria also needs to be fulfilled by the borrower. The home in which borrowers be living must be their prime residence and the required home equity will also be required.

6 0

3 years ago

By separating the value of the actual flight from the services associated with flying, airlines have greatly expanded the profit

son4ous [18]

Answer:

True

Explanation:

This implies the overall cost leadership strategy as a generic firm such as the airlines set to put the low prices and tends to m age the entire value chain network by expanding its base by provisioning of the actual flights. The associated value-added services that combines the advantages of an integrated overall differentiation strategy.

8 0

3 years ago

Assume that a major customer of the company that you are auditing files for bankruptcy during the subsequent period because of a

Tomtit [17]

Answer:

Type I subsequent event

Explanation:

The reason is that there are two types of subsequent events which includes a recognizable event and a non-recognizable event. In the Recognizable event which is also known as type 1 subsequent events is the event that has occurred at the financial statement date and is concluded after the year end. So in this case, the event had occured at the financial statement date which the auditor and the company didn't knew about and has been concluded in the subsequent period.

5 0

3 years ago

Beg. of Year End of Year Raw Materials Inventory $26000 $31,459 Work in process inventory $35000 $30,113 Finished goods inventor

Hunter-Best [27]

Answer:

COGS= $168,899

Explanation:

Giving the following information:

Beginning Raw Materials $26000

Ending Raw Materials $31,459

Beginning Work in process $35000

Ending WIP $30,113

Beginning Finished goods $14000

Ending Finished goods $28,663

Purchases of DM $73000

Direct Labor $43,853

Manufacturing overhead:

Indirect Labor $40000

Insurance on plant $10000

Depreciation - plant building and equipment $12,294

Repairs and maintenance - plant $4,987

Total= $67,281

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 35000 + (26000 + 73000 - 31459) + 43853 + 67281 - 30113= 183,562

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 14000 + 183562 - 28663= $168,899

3 0

3 years ago

How to find marginal social cost of electricity from demand and supply equations?

riadik2000 [5.3K]

Marginal social value is associated with marginalism, a concept that works to decide the amount of extra use derived from the production of one extra unit.

Marginal Social cost = MPC + MEC

MPC is the Marginal personal cost. MEC is the Marginal outside fee, which may be wonderful or negative.

If an outside price exists, an aggressive market will produce an inefficient mount of the coolest. on the point wherein quantity demanded and amount furnished are equal, the marginal social value exceeds marginal social benefit and an excessive amount of the coolest is produced.

Marginal social cost (MSC) is the alternate in society's overall fee added about through the manufacturing of an extra unit of a great or service. It includes both marginal personal price and marginal external fee. as an example, think it prices a producer $50 to produce an extra unit of an amazing.

Learn more about Marginal social cost here

brainly.com/question/11689872

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7 0

2 years ago

Challenges associated with creating a benchmark program ​

Challenges associated with creating a benchmark program