Many manufacturing companies use the traditional costing system to assign manufacturing overhead to units produced. Users of the traditional costing method make the assumption that the volume metric is the underlying driver of manufacturing overhead cost.
Mortgage life insurance is expensive for the amount of coverage. The premiums you pay at the beginning of your mortgage are probably in line with the amount of coverage you are receiving, but as time goes on you receive much less coverage for the money.ortgage life insurance premiums are a fixed rate, but the payout is generally fixed to your mortgage principle*. So the value of the policy decreases as you repay your mortgage. Buying a standard term life insurance policy gives you a fixed premium and a fixed payout.
Homeowners insurance is not required by law, but if your home is being financed by a mortgage, chances are the lender will require you to have a homeowner insurance policy. This will protect you (and their financial interest in your home) against any unforeseen damage.