All categories

1 year ago

What risk does Sarah run if she chooses a long-term care policy with a short benefit period of 2 years

1 answer:

3 0

The risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.

<h3>What is long-term care policy?</h3>

Long-term care policy can be defined as the type of policy that help to cover medical expenses or medical cost for a long period of time.

Choosing a long-term care that has a short health benefit has some risk reason being that in a situation where she needs medical care beyond the stipulated two years , Sarah will have to pay for the cost of those medical care from her savings.

Inconclusion the risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.

Learn more about long-term care policy here:brainly.com/question/24167880

You might be interested in

Occurs when several groups, that are largely independent in their functions, collectively contribute to a common output

iren2701 [21]

Pooled interdependence

3 0

3 years ago

Alyssa owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in h

artcher [175]

Answer:

It is an example of the shoes leather costs.

Explanation:

Shoe leather cost is the cost which involve the time as well as the efforts which people spend on trying to counter-act the inflation effects like holding less amount of cash and make additional trips to the bank.

In this scenario, Alyssa in order to protect herself from the effect of the inflation, she sends employee to bank for depositing the money into the bank four times a day. Therefore, it is an example of Shoe leather cost

7 0

3 years ago

Jane Cagle’s company wants to establish kanbans to feed a newly established work cell. The following data have been provided. Ho

SCORPION-xisa [38]

Answer:

22.5

Explanation:

According to the given situation, the computation of the number of kanbans is shown below:-

Number of kanbans needed = [(Demand × Lead time) + (Demand × Safety stock)] ÷ Kanban size

= (750 × 0.5) + (750 × 0.25) ÷ 25

= 22.5

Therefore for computing the number of Kanbans we simply applied the above formula by considering all items

4 0

3 years ago

A department adds raw materials to a process at the beginning of the process and incurs conversion costs uniformly throughout th

Sav [38]

Answer:

Equivalent units of production= 68,000 units

Explanation:

Giving the following information:

Units started and completed= 80,000 - 20,000= 60,000

Units in ending inventory= 20,000 nits that were 40% complete in the ending work in process inventory at the end of January.

<u>To calculate the equivalent units for conversion costs, we need to use the following formula:</u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 60,000 + (20,000*0.4)

Equivalent units of production= 68,000 units

5 0

3 years ago

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th

DerKrebs [107]

Answer:

Allocated overhead= $173,137.5

Explanation:

Giving the following information:

Estimated overhead= $243,000

Estimated direct-labor hours= 8,000

Actual direct labor-hours were 5,700.

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 243,000/8,000

Predetermined manufacturing overhead rate= $30.375 per direct labor hour

Now, we can allocate overhead based on actual direct labor hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated overhead= 30.375*5,700= $173,137.5

8 0

3 years ago