Which of the following documents outlining all of the costs associated with closing on the sale of a home will the borrower receive within 3 days after applying for a mortgage?
a. deed
b. good-faith estimate
c. uniform settlement statement
d. abstract
b
You might also like to view...
The following information applied to Michaels Company for 2014: Merchandise purchased for resale ..................... $400,000 Freight-in ........................................... 7,500 Interest on notes payable to vendors ................. 3,000 Purchase returns ..................................... 2,500 Michaels' inventoriable cost for 2014 was
a. $409,000. b. $407,500. c. $406,000. d. $405,000
Fundamental analysis looks at which of the following?
A) Future earnings B) Dividends C) Expected levels of interest rates D) The firm's risk E) All of the above
What is the primary use of smartphone technology in the workplace?
A) voice traffic B) data traffic C) word processing D) app generation E) data and file storage
Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 5.7?ounces$2.00?per ounce$11.40?Direct labor 0.2?hours$11.00?per hour$2.20?Variable overhead 0.2?hours$6.00?per hour$1.20?The company reported the following results concerning this product in June. Originally budgeted output 3900?unitsActual output 3500?unitsRaw materials used in production 22,500?ouncesPurchases of raw materials 21,800?ouncesActual direct labor-hours 530?hoursActual cost of raw materials purchases$42,600? Actual direct labor cost$13,900? Actual variable overhead cost$3950? The company applies variable overhead on the basis of direct labor-hours. The direct
materials purchases variance is computed when the materials are purchased.The labor rate variance for June is: A. $8070 U B. $1779.96 F C. $1779.96 U D. $8070 F