Cleveland choppers manufactures two types of motorcycles, a base and a loaded model. the following activity and costs have been gathered: product number of components number of setups number of direct labor hrs base 15 20 700 loaded 25 40 600 overhead costs $27,000 $22,500 the number of components and number of setups are chosen as activity-cost drivers for overhead. assuming an abc costing system is being used, what is the total overhead cost assigned to the loaded model? $31,875 $36,000 $28,125 $34,050

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.