The following information was summarized from the records of the Muentes Company for the first quarter of the year: Sales $ 700,000 Fixed Administrative Expenses 110,000 Fixed Cost of Goods Sold 100,000 Fixed Selling Expenses 50,000 Variable Administrative Expenses 30,000 Variable Cost of Goods Sold 220,000 Variable Selling Expense 170,000 The company's gross margin for the quarter was: a. $380,000 b. $440,000 c. $420,000 d. $280,000

Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.

If a government accumulates chronic budget deficits over time, what's one possible result? a. a collective action problem b. a debt crisis c. regulatory capture d. an unfunded liability