The profitable sales mix for Mays Company is 15,000 units of A, 25,000 units of Z and contribution margin of $35,000.
To determine the most profitable sales mix for Mays Company, we need to calculate the contribution margin per hour for each product.
For product A, the contribution margin per hour is calculated as follows:
6 units/hour x $12 contribution margin per unit = $72 contribution margin per hour
For product Z, the contribution margin per hour is calculated as follows:
10 units/hour x $10 contribution margin per unit = $100 contribution margin per hour
Since the company has limited production capacity of 30,000 hours, we can use linear programming to find the optimal production mix that maximizes the total contribution margin.
Let x be the number of hours allocated to product A, and y be the number of hours allocated to product Z.
The objective function to maximize is:
Z = 12x + 10y
Subject to the following constraints:
6x + 10y ≤ 30,000 (production capacity constraint)
x ≥ 0 (non-negativity constraint)
y ≥ 0 (non-negativity constraint)
Using a linear programming solver, we find that the optimal production mix is:
x = 2,500 hours (allocated to product A)
y = 2,500 hours (allocated to product Z)
This means that the most profitable sales mix for Mays Company is to produce 15,000 units of product A (6 units/hour x 2,500 hours) and 25,000 units of product Z (10 units/hour x 2,500 hours), resulting in a total contribution margin of $350,000 (15,000 units of A x $12 contribution margin per unit + 25,000 units of Z x $10 contribution margin per unit).
Learn more about contribution margin here: https://brainly.com/question/24881206
#SPJ11
Jasmine is leading her first group. things are not going according to plan. as prolonged periods of silence follow, one after another, she must learn?
Jasmine is leading her first group. things are not going according to plan, she must learn That silence, though uncomfortable, is to be expected.
What is planning?Thinking through the steps necessary to accomplish a goal is the process of planning. The essential ability for mental time travel, foresight, is the foundation of planning. It is claimed that one of the main forces in human evolution was the development of foresight, or the ability to plan forward. A key characteristic of intelligent conduct is planning. It entails applying logic and creativity to visualize both the desired outcome and the processes required to get there.
Planning's relationship to forecasting is a crucial factor. Planning envisions what the future may look like while forecasting attempts to anticipate what it will look like.
To know more about planning visit:- https://brainly.com/question/27935828
#SPJ4
Philip's Inc. reports stockholders' equity on its financial statements. The two items reported in the stockholders' equity section of Philip's balance sheet are ________ Capital and Retained Earnings.
Answer:
Paid-in capital.
Explanation:
Philip's Inc. reports stockholders' equity on its financial statements. The two items reported in the stockholders' equity section of Philip's balance sheet are paid-in Capital and Retained Earnings.
In Financial accounting, Paid-in capital is one of the most essential components of the equity of a business and can be defined as the payments received in full (cash or assets) from shareholders (creditors or investors) in exchange for a company's stock. It comprises of common stock and preferred stock.
what are some potential environmental issue(s) of having a golf course, businesses (i.e. walmart, gas stations), and houses and apartments near the celery bog?
Environmental problems like global warming, acid rain, air pollution, urban sprawl, waste disposal, ozone layer depletion, water pollution, climate change, and many more affect every human, animal, and nation on this planet.
Major current environmental issues may include climate change, pollution, environmental decline, and resource reduction. The conservation movement lobbies for the protection of exposed species and protection of any ecologically precious natural areas, genetically modified foods and global warming.
The list of issues girding our terrain go on, but there are three major bones that affect the maturity of the overall global warming and climate change; water pollution and ocean acidification; and loss of biodiversity.Climate change is the big environmental problem that humanity will face over the coming decade, but it is not the only one. We will take a look at some of them — from water deaths and loss of biodiversity to waste operation — and bandy the challenges we've ahead of us.Learn more about Environmental problems here: https://brainly.com/question/1888324
#SPJ4
Are savings account and deposit account the same thing?
Question 3 of 10
If you achieve excellence in music, film, dance, literature, or visual arts, you
might qualify for this type of scholarship.
A. Underrepresented student scholarship
OB. Athletic scholarship
OC. Academic scholarship
D. Creative scholarship
Answer: Creative scholarship
Explanation: Because
If you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship. The correct option is (D).
What do you mean by the Creative scholarship?When you reimagine an existing piece of art or construct a new one from scratch, you are engaging in creative scholarship.
For fine arts students with talents in the visual arts, there are numerous innovative scholarship opportunities. Photography and design-based disciplines like painting, graphic design, and animation are considered visual arts majors.
You can participate in your field as both a student and a scholar through research and creative scholarship. Development of new knowledge and its discovery with the intention of disseminating it through publications, performances, and presentations.
Therefore, if you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship.
To know more about the Creative scholarship, visit:
https://brainly.com/question/14210550
#SPJ2
If the cross price elasticity of demand for two goods is a negative number, this indicates the two goods are complements. (True or False)
The statement, "If the cross price elasticity of demand for two goods is a negative number, this indicates the two goods are complements" is True, because when 2 goods are complementary they are consumed together.
A negative cross-price elasticity means that an increase in the price of one good leads to a decrease in the quantity demanded of that good and an increase in the quantity demanded of the other good.
When the two goods are complements, it means that they are typically consumed together and are dependent on each other.
For Example : An increase in the price of fuel will lead to a decrease in the quantity demanded of fuel and a decrease in the demand for cars.
Therefore, In a negative cross price elasticity, when price of good increases, then the demand for it's complimentary goods increases.
Learn more about Price Elasticity here
https://brainly.com/question/14469117
#SPJ4
which of the following commodities is a product of the primary or extractive industry
A. Cars
B. Gold
C. Hair Processing
D . Houses
What does it mean for the country to have a strong or healthy economy? What does it mean for the country to have a weak economy? What are some actions that can turn a weak economy into a strong economy?
Answer:
A strong economy country is a country with wealth and has a high currency value. While the currency value is low for the weak economy country.
Explanation:
A country having a strong economy means that the country is thriving and prospering. The economic growth of a strong economy have a high rate. It means the national GDP of a country is high and there is an increase in the average income of the people.
While a country with a weak economy has a lower growth rate. The poverty and unemployment rate of the country is also high. GDP growth is minimum.
Some of the important measures that can be taken to make a strong economy is that employment, education, increase national produce and services, controlling inflation, eliminating corruption and many more.
strategic benefits of partnering include __________.
strategic benefits of partnering include
1. Increased resources
2. Increased market reach
3. Improved innovation
4. Risk sharing
5.Enhanced reputation
6.Increased competitiveness
1.Increased resources: By partnering, organizations can combine their resources, such as expertise, finances, and technology, to achieve their goals more effectively.
2.Increased market reach: Partnerships can provide access to new markets and customers, helping organizations expand their reach and grow their business.
3.Improved innovation: Partnerships can bring together diverse perspectives and ideas, leading to more innovative solutions and products.
4.Risk sharing: Partnerships can help organizations spread the risk of investments and new initiatives, reducing the potential impact of failure.
5.Enhanced reputation: Working with reputable partners can improve an organization's reputation and credibility, attracting new customers and business opportunities.
6.Increased competitiveness: Partnerships can help organizations stay ahead of the competition by providing access to new technologies, markets, and best practices.
To learn more about strategic benefits :
https://brainly.com/question/18436841
#SPJ4
Iq ltd. Produces its premium plant food in 50 lb. Bags. Demand is 100,000 lbs. Per week and they operate 50 weeks each year. Iq can produce 250,000 lbs. Per week. The setup cost is $200 and the annual holding cost rate is $0. 55 per bag. Hp produces its premium plant food in batches of 1,000,000 lbs. Determine the maximum inventory level, and calculate the total cost of using this policy
IQ ltd. Produces its premium plant food in 50 lb bags then the maximum inventory level is 12000 bags and the total cost is $4300 .
In the question ,
it is given that ,
IQ ltd. Produces the premium plant food in 50 lb. Bags.
setup cost (o) is = $200 ,
Demand per week is = 100000 lbs. ,
Annual Demand(D) for 50 weeks is = 100000 × 50 = 5000000 .
Production Rate (p) = 250000×50 = 12500000
Holding Cost (H) is = 0.55/50 lbs.
Current Production Quantity (Q) is = 1000000 lbs.
So , the maximum inventory level is = Q(1 - D/P) = 1000000(1 - 5000000/12500000)
= 600000 lbs.
= 6000000/50 = 12000 bags .
The total cost will be = (D/Q)×O + (I/2)×H
= (5000000/1000000)×200 + (600000/2)×(0.55/50)
Simplifying further ,
we get ,
= $4300
Therefore , the total cost is $4300 and the maximum inventory level is 12000 bags .
Learn more about Production here
https://brainly.com/question/25227547
#SPJ4
16. Demographics are
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
Bonita Realty Management Co. received a check the first year would be: for $30,000 on October 1, which represents a one year Financial statements are prepared on December 31. The appropriate adjusting journal entry to make on December 31 of advance payment of rent on an office it rents to a client. Unearned Unearned Rent Revenue $22,500 Rent Revenue $22,500 O Rent Revenue $22,500 Unearned Rent Revenue $22,500 Rent Revenue $2,500 Unearned Rent Revenue $2,500 Unearned Rent Revenue $7,500 Rent Revenue $7,500
The appropriate adjusting journal entry to make on December 31 for the advance payment of rent on an office that Bonita Realty Management Co. rents to a client would be: Unearned Rent Revenue $7,500, Rent Revenue $7,500
The company received a check for $30,000 on October 1, which represents a one-year rent payment from a client. However, the financial statements are prepared on December 31, which means that only three months of rent revenue have been earned and recognized as revenue. Therefore, the remaining nine months' worth of rent payment is considered unearned revenue.
To adjust for this, an adjusting journal entry needs to be made on December 31 to recognize the earned portion of the rent payment and to defer the unearned portion. The amount to be recognized as revenue would be $7,500 (three months' worth of rent). This amount would be recorded as Rent Revenue, while the remaining $22,500 (nine months' worth of rent) would be recorded as Unearned Rent Revenue.
Hence, the correct adjusting journal entry would be:
Debit: Unearned Rent Revenue $7,500
Credit: Rent Revenue $7,500
Learn more about payment of rent: https://brainly.com/question/30065528
#SPJ11
What percentage of a participant's income are group long-term disability benefits amounts typically limited to?
The percentage of a participant's income is group long-term disability benefits amounts typically limited to 60%.
Depending on the particular policy and the rules of the plan sponsor, the amount of group long-term disability (LTD) payments that are normally limited to a participant's salary can change. However, a typical cap is 60% of the participant's earnings prior to incapacity.
As a result, if a person develops a condition that prevents them from working, they will receive LTD benefits equal to up to 60% of their pre-disability income.
It's vital to keep in mind that group LTD benefits may also be subject to additional restrictions and requirements, including minimum and maximum benefit amounts, waiting periods before benefits start, and benefit length.
To know more about long-term disability -
brainly.com/question/27571970
#SPJ4
If trek bicycle corp. Wants to create and build brand awareness arounds the bicycles and accessories it makes, it would be advised to use ________blank advertising.
If trek bicycle corp. wants to create and build brand awareness arounds the bicycles and accessories it makes, it would be advised to use informative advertising.
What is informative advertising?Informative advertising can be defined as a type of brand advertising in which a company tend to make use of information they had on their product to attract potential customers to the product.
Example of informative advertising is when a company list a unique ingredient on their product that is not common in which buyer decide to buy the product because of the ingrefient the company add to the product.
Most companies tend to make use of this type of advertisement to draw customers to their products by adding some features that will attract customers to their products.
Therefore the statement that complete the sentence is informative.
Learn more about informative advertising here:https://brainly.com/question/15734780
#SPJ1
Demtanc ance Supply in Litoor Markets: As the text surgests, the demand and supply model predicts that the new computer and cominunications technologies will raise the pay of highiskil labor but reduce the pay of low-skill labor. Explain how this works wire the four-step process in Section 4.1 of the textbook. Response die 9/14 Reply to 2 classmates by 9/17
The four-step process in Section 4.1 of the textbook explains how the demand and supply model predicts that the new computer and communication technologies will raise the pay of high-skill labor but reduce the pay of low-skill labor in the Demtanc ance supply in Litoor markets.
Step 1: Identify the Shifts in Demand and Supply
When new computer and communication technologies are introduced, it increases the productivity of high-skill labor. This leads to an increase in demand for high-skill labor and a shift in the demand curve to the right. On the other hand, low-skill labor becomes less in demand, causing a decrease in demand and a shift in the demand curve to the left.
Step 2: Determine the Direction of Price and Quantity Changes
With the increase in demand for high-skill labor, its price or wage increases. Conversely, the decrease in demand for low-skill labor results in a decrease in its wage. As a result, the pay of high-skill labor rises, while the pay of low-skill labor decreases.
Step 3: Analyze the Impact on Market Outcomes
As the pay of high-skill labor increases, it incentivizes individuals to acquire higher skills through education or training. This leads to an increase in the supply of high-skill labor and a shift in the supply curve to the right. The increased supply helps moderate the rise in wages for high-skill labor.
Step 4: Evaluate the Efficiency and Equity Implications
The increased wages for high-skill labor reflect the increased productivity and the market's ability to reward skills in demand. However, the decrease in wages for low-skill labor may result in income inequality and challenges for individuals in that sector.
In summary, the demand and supply model predicts that new computer and communication technologies will raise the pay of high-skill labor due to increased demand, while reducing the pay of low-skill labor due to decreased demand. The four-step process explains how this works by analyzing shifts in demand and supply, determining price and quantity changes, analyzing market outcomes, and evaluating efficiency and equity implications.
To know more about model visit:
https://brainly.com/question/32196451
#SPJ11
a case by a client against its cpa firm alleging negligence would be brought under: group of answer choices the securities act of 1933. the securities exchange act of 1934. the state blue sky laws. common law.
A case by a client against its CPA firm alleging negligence would typically be brought under common law.
Common law refers to the body of law developed through judicial decisions and custom, rather than through legislation. Negligence is a common law tort, and clients who believe their CPA firm has been negligent in providing professional services can bring a civil lawsuit under common law to seek damages for any harm or losses suffered as a result of the alleged negligence. The Securities Act of 1933 and the Securities Exchange Act of 1934 primarily deal with securities regulations and disclosure requirements, while state blue sky laws pertain to state-level regulations regarding securities offerings and sales.
To learn more about alleging negligence
https://brainly.com/question/29454878
#SPJ11
Do you think business practices will become standardized across cultures as the global marketplace continues to flourish? Why or why not?
Answer:
Most likely yes
Explanation:
Business practices do depend on local cultures, but they are also very sensitive to standardization since business across the world have the base basic objective: to increase economic value, and this value is measurable.
As globalization advances, firms all over the world will seek the best financial, operative, and human resource practices in order to increase economic value, and this practices will be available to a global audience mainly in the form of quantitative data and strategies that can be adapted to any firm no matter where it is located.
in an uncertain environment that is ________, components are not similar to one another and are continually changing.
In an uncertain environment that is dynamic, components are dissimilar and constantly changing. In a dynamic and uncertain environment, the components or elements within the system are diverse and continuously evolving.
This means that the various factors, variables, or entities involved are not similar to one another and exhibit constant fluctuations or modifications over time. Dynamic environments are characterized by ongoing shifts, advancements, and changes in technology, market conditions, consumer preferences, regulatory frameworks, and other external factors. These changes can create challenges and opportunities for businesses and organizations operating within such environments. The dissimilarity among components implies that there is a lack of uniformity or homogeneity, and each element may have distinct characteristics, behaviors, or requirements.
To navigate and succeed in such an environment, adaptability, agility, and flexibility become crucial. Organizations need to continuously monitor and analyze the evolving landscape, anticipate potential disruptions, and adjust their strategies and operations accordingly. Embracing change, fostering innovation, and building resilience are key approaches for thriving in a dynamic and uncertain environment where components are dissimilar and in a constant state of flux.
Learn more about Dynamic environments from here:
https://brainly.com/question/28285392
#SPJ11
Over the next 10 years, a company projects its continuous flow of revenue to be R(x) = 80e0.15 thousands of dollars and its costs to be C(x) = 0.9x² + 60 thousands of dollars, where z represents the number of years from now. Approximate, to the nearest dollar, the profit this company can expect to make over the next 10
years.
The company can expect to make a profit of approximately $X over the next 10 years.
To calculate the profit, we need to subtract the costs from the revenue over the given time period. The revenue function R(x) represents the continuous flow of revenue, and the cost function C(x) represents the costs incurred. The profit function P(x) can be obtained by subtracting the cost function from the revenue function:
P(x) = R(x) - C(x)
In this case, the revenue function is given as R(x) = 80e^0.15x, and the cost function is given as C(x) = 0.9x^2 + 60. We can substitute these functions into the profit function to calculate the profit over the next 10 years.
P(x) = 80e^0.15x - (0.9x^2 + 60)
To find the profit over the next 10 years, we evaluate the profit function at x = 10:
P(10) = 80e^0.15(10) - (0.9(10)^2 + 60)
Evaluating this expression will give us the approximate profit that the company can expect to make over the next 10 years.
Learn more about profit function
https://brainly.com/question/16458378
#SPJ11
Examples of Cost of Resources with an explanation. Will give brainliest
Answer:
A cost resource might represent an expense that you have during the life cycle of the project(s) that has a variation in rate each time it is used. Two good examples are Hotels and Flights
Explanation:
Determine the bid price for a project that you are estimating has the following itemized costs Direct Labor Cost - $200,000 Direct Material Cost - $350,000 Direct Equipment Cost - $200,000 Sales Tax - 8% Markups & other add-ons - $150,000 $928,000 $972.000 $960,000 $944.000
The bid price for the project is determined by summing up the itemized costs, adding the sales tax, and including markups and other add-ons. The provided options range from $928,000 to $972,000.
What is the bid price for the project considering the itemized costs, sales tax, and markups?To determine the bid price for the project, you would sum up the itemized costs and add the applicable sales tax and markups.
Based on the given options, the bid prices range from $928,000 to $972,000.
The bid price should consider the direct labor cost of $200,000, direct material cost of $350,000, direct equipment cost of $200,000, sales tax of 8% (which would vary based on the location and tax regulations), and markups and other add-ons of $150,000.
The specific bid price within the provided options would depend on the calculations of the sales tax and markups applied.
Learn more about including markups
brainly.com/question/29056110
#SPJ11
What are the advantages and disadvantages of the three primary business writing formats?
Answer and Explanation:
The business writing formats benefits and disadvantages of the three primary business writing formats are described below:-
A memorandum is a formal define that it is the way of communication that enables corporations to connect with their workers. This is typically used to distribute updates or issues.
Memos are highly increasingly being replaced by e-mail, so sending a memo is more difficult and costly. Therefore, a Business Letter is a structured communication method that's best used to connect with clients.
It generally takes more time to write and format a business letter than to write an email or memo.
As we know that an Email is easy to send and priceless, and make enable to send message to many people at a time also Many unwritten e-mails etiquette rules and can be too casual for many business purposes.
Business writing formats includes the use of memorandum, email business letters etc. The advantages and disadvantages of the three primary business writing formats are:
A Memorandum: (Advantages)
This is simply a formal, internal communication tool which allows companies to communicate with their employees. It is known to be used to deliver announcements or problems.Disadvantages
Memos are said to be rapidly been replaced by e-mail due to the fact that it is more complicated and expensive to deliver a memo.Business letters (Advantages)
A Business Letter is simply known as a formal communication tool which is utilized for communicating with customers.Disadvantages
Writing and formatting a business letter often takes more time than composing a memo or e-mail.Emails (Advantages)
E-mail is quick, easy and cheap, and allows you to send messages instantly to any number of people.Disadvantages
E-mail has too much unwritten rules to follow (etiquette) and it is too informal for many business purposes.Learn more from
https://brainly.com/question/9510322
To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
Learn more about the payroll register here:
https://brainly.com/question/24265652
#SPJ1
Do you intend to make specific contributions to the support of the beneficiary named in this form i-134?.
Form I-134 is used whilst a U.S. citizen or green card holder is of the same opinion to emerge as an economic sponsor of a traveler visa or a K1 and K2 visa.
Who is the beneficiary in I-134?The beneficiary is the foreigner who uses it for an immigration grant. A beneficiary may also report Form I- 134 on behalf of himself or herself
For example, in 2021, a sponsor withinside the U.S. mainland could want to have profits (or assets) of at least $33,125 to cover a petitioner who lives by himself and is sponsoring one immigrant and children (that is, a complete of 4 people)
Thus, Yes, if required a person can make contributions for the support of a beneficiary unless they fulfill the minimum income eligibility criteria given by the Govt.
Learn more about tax form I-134 here:
https://brainly.com/question/21882275
#SPJ1
education opens the door to employment.
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.
What does Rose argue should be the last part of a presentation to the VEnture capitalist?
Answer:
Rose argues that the last part of a presentation should wrap it up and give the final pitch. One should highlight the crucial points as to why a Venture Capitalist would want to invest in your business,
Explanation:
checkable deposits are assets of the federal government and government agencies. debts of commercial banks and savings institutions. debts of the federal government and government agencies. assets of commercial banks and savings institutions.
Checkable deposits are assets of commercial banks and savings institutions.
Checkable deposits refer to the funds deposited by individuals and businesses in financial institutions, such as commercial banks and savings institutions. These deposits are readily available for withdrawal by the depositor through checks, debit cards, or other electronic payment methods.
They are considered liabilities of the financial institutions because the institutions owe the depositors the funds deposited. Therefore, checkable deposits are debts of commercial banks and savings institutions.
Learn more about debts at
https://brainly.com/question/25035804
#SPJ4
Assume only purchase costs are considered. Which machine would have the lowest cost, and how many would be required? Machines operate 10 hours per day, 250 days per year.
Expenses for operating resources that have a different allocation rate, such as an hourly rate for a machine, are necessary to allocate machine-dependent production overheads (such as fuel, electricity, water, and compressed air expenses) to the appropriate cost objects based on their root causes.
The machine hour rate is calculated by dividing the total operating costs of a machine during a given time by the projected number of hours the machine will operate during that period. Simple Machines' Mechanical Advantage and Efficiency Calculated.
The IMA is typically calculated as the resistance force (Fr) divided by the effort force (Fe). IMA also equals the ratio of the load's travel distance (dr) to the distance over which the effort (de) is applied (FrFe).
To learn more about resources, click here.
https://brainly.com/question/32009088
#SPJ4
History of Criminal Law
1. Since the beginning of civilization there have been
to guide appropriate behavior.
Answer:
Key Takeaways: Criminology
Criminology is the scientific study of crime and criminals.
It involves research to identify the factors that motivate certain persons to commit crimes, the impact of crime on society, the punishment of crime, and the development of ways to prevent it.
People involved in criminology are called criminologists and work in law enforcement, government, private research, and academic settings.
Since its beginnings in the 1800s, criminology has evolved into an ongoing effort to help law enforcement and the criminal justice system respond to the changing societal factors contributing to criminal behavior.
Criminology has helped develop several effective modern crime prevention practices such as community-oriented and predictive policing.
Criminology Definition
Criminology encompasses a wider analysis of criminal behavior, as opposed to the general term crime, which refers to specific acts, such as robbery, and how those acts are punished. Criminology also attempts to account for fluctuations in crime rates due to changes in society and law enforcement practices. Increasingly, criminologists working in law enforcement employ advanced tools of scientific forensics, such as fingerprint study, toxicology, and DNA analysis to detect, prevent, and more often than not, solve crimes.
Modern criminology seeks a deeper understanding of the psychological and sociological influences that make certain people more likely than others to commit crimes.
Deviant Personality Traits
From a psychological perspective, criminologists attempt to explain how deviant personality traits—such as a constant need for the gratification of desires—might trigger criminal behavior. In doing so, they study the processes by which people acquire such traits and how their criminal response to them can be restrained. Often, these processes are attributed to the interaction of genetic predisposition and repeated social experiences.
Many theories of criminology have come from the study of deviant behavioral sociological factors. These theories suggest that criminality is a natural response to certain types of social experiences.
Explanation:
How much total interest will he pay over the course of the mortgage?