Bank management printers, inc., produces luxury checkbooks with three checks and stubs per page. each checkbook is designed for an individual customer and is ordered through the customer’s bank. the company’s operating budget for september 2017 included these data: number of checkbooks 15,000 selling price per book $ 20 variable cost per book $ 8 fixed costs for the month $145,000 the actual results for september 2017 were as follows: number of checkbooks produced and sold 12,000 average selling price per book $ 21 variable cost per book $ 7 fixed costs for the month $150,000 the executive vice president of the company observed that the operating income for september was much lower than anticipated, despite a higher-than-budgeted selling price and a lower-than-budgeted variable cost per unit. as the company’s management accountant, you have been asked to provide explanations for the disappointing september results. bank management develops its flexible budget on the basis of budgeted per-output-unit revenue and per-output-unit variable costs without detailed analysis of budgeted inputs. required prepare a static-budget-based variance analysis of the september performance. prepare a flexible-budget-based variance analysis of the september performance.

answer; how many employees will be needed for jobs in the coming period;

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.