The mortgage contract rate
A)
takes into account all finance charges including points.
B)
is greater than the APR.
C)
cannot change over the life of the loan.
D)
is the interest rate applied to the unpaid mortgage balance.
D
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Explain how compensation per hour has changed in the periods of economic liftoff, reorganization, and the long boom. What explanations can you offer for the changes?
What will be an ideal response?
Which of the following is NOT true of the letter/memo of transmittal?
A) It may include a brief identification of the nature of the research. B) A review of the conditions of the authorization to do the researcher might be included e research if no letter of authorization is included. C) Comments on findings, suggestions for further research, and an expression of interest in the project and further research might appear in the letter/memo. D) It should end with an expression of appreciation for the assignment, acknowledgment of assistance from others, and suggestions for follow-up. E) Personal observations, unsupported by the data, are inappropriate.
Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected ProductionDirect Labor-Hours Per UnitTotal Direct Labor-HoursProduct E18005.04,000Product A73002.0600Total direct labor-hours 4,600The direct labor rate is $18.40 per DLH. The direct materials cost per unit for each product is given below: Direct MaterialsCost per UnitProduct E1$127.10Product A7$299.80The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct E1Product
A7TotalLabor-relatedDLHs$100,0964,0006004,600Machine setupssetups 47,208300400700Order sizeMHs 738,3684,1004,2008,300 $885,672 The activity rate for the Order Size activity cost pool under activity-based costing is closest to: A. $65.12 per MH B. $192.54 per MH C. $166.83 per MH D. $88.96 per MH
Warranties which are based on contract law may be either ________ or ________.
A. expressed by law; impliedly stated B. oral; verbal C. in English; in Latin D. expressly stated; implied by law