Answer:
See
Explanation:
Rahal's final balance in its allowance for uncollectible accounts at December 31, will be calculated as:
Step 1:
$404,400 × 1%
= $404,400 × 0.01
= $4,044
Step 2:
$2,100 - $2,340
= ($240)
Step 3:
$4,044 + ($240)
$3,804
Therefore, Rahal's final balance in its allowance for uncollectible accounts at December 31, 2021 is $3,804
Answer:
The lender charged $2,550 for the points.
Explanation:
Discount points is a type of prepaid fees that mortgage borrowers can purchase from the lenders that lowers the quantity of interest that the borrower will have to pay in the future. In general, the discount points costs 1% of the amount borrowed. A discount point usually lowers the loan interest amount to be paid by an one-eight to one-quarter of a percent.
To determine the charge for the points in our case above, we can express the discount charge points as shown;
D=R×L
where;
D=discount point charge
R=standard discount point rate
L=loan amount
In our case;
D=unknown
R=1%
L=$85,000
replacing;
D=(1/100)×85,000=$850
The lender charged $850 for one points.
Determine the total charge for all the points purchased using the expression below;
T=D×N
where;
T=total charge for all the points
D=charge per point
N=number of points purchased
In our case;
T=unknown
D=$850
N=3 points
replacing;
T=850×3=$2,550
The lender charged $2,550 for the points.
Answer:
focus group
Explanation:
A focus group refers to a reearch method in which companies invite a group of people that is part of a target market to have a discussion about a specific product, service, topic to analyze their reactions and collect information to make decisions. According to this, the answer is that in a(n) focus group, an intensive research technique, a company invites six or more people typical of the target market to a session to discuss the product, the service, or the marketing situation.
Answer:
B. Target costing forces design engineers to explicitly consider the costs of manufacturing and other aspects of business that traditionally fall outside the engineering department
Explanation:
Target costing needs the design engineers to be active in meeting their customers projection, but it must be inside the target cost requirements. Engineers can not afford to just have their attention on the function and form of design, they must also observe cost under Target costing.
Tim should be in governance.
Suzette should be in planning
