1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vladimir79 [104]
2 years ago
5

The Smiths are buying a house for $200,000. After their 10% down payment, they have also decided to pay two discount points. Wha

t is the dollar amount of the discount points
Business
1 answer:
Vikentia [17]2 years ago
7 0

Based on the information given the dollar amount of the discount points is $3,600.

<h3>Discount:</h3>

First step is to calculate the down payment

Down payment=$200,000-($200,000×10%)

Down payment=$200,000-$20,000

Down payment=$180,000

Second step is to calculate the discount points

Discount point=Down payment× Discount points

Discount point=$180,000×2%

Discount point=$3,600

Inconclusion the dollar amount of the discount points is $3,600.

Learn more about discount here:brainly.com/question/24286983

You might be interested in
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $
bekas [8.4K]

Answer:

The cost per unit for product B is<em> $ 15 per unit</em>

Explanation:

Only Manufacturing Costs are used in Product Costing. Thus to find the Cost Per Unit of Product B, we Prepare a Manufacturing Cost Summary for Product B.

<u>Step 1 Prepare a Manufacturing Cost Summary for Product B</u>

Direct materials                                                                      $ 15,000

Direct labor                                                                             $24,000

Overhead costs($24,000/$36,000) × $54,000                   $36,000

Total Cost for Product B                                                        $75,000

<u>Step 2 Calculate the Cost Per Unit for Product B</u>

Cost Per Unit = Total Cost / Number of Units Produced

                       =  $75,000 / 5,000 units

                       = $ 15 per unit

<u />

3 0
3 years ago
Read 2 more answers
What is another term for liability?<br> A. asset<br> B. notes<br> C. debt<br> D. accounts
Fiesta28 [93]

Answer:

Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3

Explanation:

:3

6 0
3 years ago
A good rule of thumb is to limit consumer credit payments to ____________ percent of your net monthly income.
frutty [35]
<span>A good rule of thumb is to limit consumer credit payments to 20% percent of your net monthly income.</span>
6 0
3 years ago
____ is a method for overcoming resistance to organization change. a. Automation b. Centralization c. Management by exception d.
DedPeter [7]

Based on the information given, it can be deduced that the method of overcoming resistance that's illustrated is known as D. Force-field analysis.

Force-field analysis simply means the framework of looking at the factors that resulted in a particular situation. It's vital in knowing the root cause of an issue.

It should be noted that force-field analysis can either drive the movement towards a goal or block the goal. It's a method for overcoming resistance to organizational change.

Learn more about an organization on:

brainly.com/question/24398796

6 0
2 years ago
PLEASE HELP ME!!!<br> How are mental, physical, and financial health related? Three sentences
cricket20 [7]

Answer:

They are related because all of the heaths are commonly linked to anxiety and depression. So when a person is financially struggling they can have anxiety which affects their mental health which affects there want to be physical which makes their physical health bad. So all of these are linked together so if one is bad then the others are sure to become bad too.

4 0
3 years ago
Other questions:
  • According to our discussion in class, two reasons why capital may not flow to poor countries are that the poorer countries may:_
    11·1 answer
  • Which of the following statements about the debate over stabilization policy are correct? Check all that apply. Advocates of act
    6·2 answers
  • Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company’s products, a football helmet for the N
    14·1 answer
  • Match the different types of incomes to their sources.
    5·2 answers
  • A branding strategy in which a firm markets some products under its own name and other products under the name of a reseller bec
    9·1 answer
  • Identify the stage of the new product development based on the given scenario.
    15·2 answers
  • Rock industries allocates manufacturing overhead at a predetermined rate of 160% of direct labor cost. Any overallocated or unde
    12·1 answer
  • True or False: Restaurants rarely adjust the amount they purchase of items
    9·1 answer
  • During 2020, a self-employed taxpayer drives her car 4,000 miles to visit clients, 3,000 miles to get to her office, and 1,000 m
    8·1 answer
  • 1. Suppose you are an accountant for pre-fraud WorldCom. You have just been instructed by the CFO to alter specific company acco
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!