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miv72 [106K]
2 years ago
14

Some business insurance policies cover "business interruption." If your business makes $300,000 per year and a flood prevents op

eration for 3 weeks, about how much money would you lose without business interruption insurance? a) $13,087 b) $15,566 c) $16,200 d) $17,308
Business
1 answer:
Yuki888 [10]2 years ago
8 0

Answer:

D): $17,308

Explanation: 300,000/365 = 822. 822 * 21 = 17300

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san4es73 [151]
Bring in new products or services, introduce deals and sales, help local charities
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2 years ago
Assume a duopoly of office supply big box stores where each carries the same merchandise and each advertises that it will "meet
Vladimir79 [104]

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3 0
2 years ago
Fixed manufacturing costs are $51 per unit, and variable manufacturing costs are $153 per unit. Production was 81,000 units, whi
scZoUnD [109]

Answer:

Part a.

Yes, variable costing operating income is less than or greater than absorption costing.

Part b.

$247,860

Explanation:

The difference between variable costing operating income and absorption costing operating income lies in the fixed costs deferred in inventory.

The profit in both method is the same if and only if there is no inventory. That means units produced equal units sold (Production = Sales)

The absorption costing method includes fixed manufacturing cost in determining product costs whereas the variable costing method only accounts for variable manufacturing cost.

When the units produced are greater than units Sold (Production > Sales) , Fixed Costs in Inventory increases this means absorption profits will be greater than Variable costing profit as <em>Fixed costs in inventory value reduces cost of sales in absorption costing.</em>

<u>Difference in variable costing and absorption costing operating income.</u>

Difference = (81,000 - 76,140) x $51

                  = $247,860

3 0
3 years ago
Copy equipment was acquired at the beginning of the year at a cost of $50,320 that has an estimated residual value of $4,600 and
UkoKoshka [18]

Answer:

Annual depreciation= $11,520

Explanation:

Giving the following information:

Purchase price= $50,320

Salvage value= $4,600

Estimated copies= 1,143,000

<u>First, we need to calculate the depreciable value:</u>

Depreciable value= purchase price - salvage value

Depreciable value=  50,320 - 4,600

Depreciable value= $45,720

<u>Now, the depreciable rate:</u>

Depreciable rate= depreciable value / /useful life of production in copies

Depreciable rate= 45,720/1,143,000

Depreciable rate= $0.04 per copie

<u>Finally, the annual depreciation:</u>

Number of copies= 288,000

Annual depreciation= 0.04*288,000

Annual depreciation= $11,520

3 0
2 years ago
Explains how elasticity and incentives work together. Write them in two to three sentences
IgorLugansk [536]

An elastic good, such as a game, is more likely to respond to incentives.

Explanation:

In order that elastic products can react to rewards, elasticity and motivation function together.

The calculation of how a complex economy responds to a transition is elastic. In different quantities, elasticity reacts more than any other factor.

Incentive is called something that helps a individual in different ways. Remuneration reward, for example. Here, a person wants more money from a content.

Some types of rewards are bribery, inherent rewards and innate motivation.

4 0
2 years ago
Read 2 more answers
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