Answer:
The answer is: The overhead variance was $1,700 and it was overapplied
Explanation:
Victryl's estimated overhead cost per labor hour was:
$700,000 / 35,000 = $20 per labor hour
If during February, Victryl had 5,000 direct labor hours, then its estimated cost should have been: $20 x 5,000 = $100,000 estimated overhead cost
The actual overhead cost was $98,300, which is $1,700 less than the estimated cost.
Answer:
$2,842
Explanation:
total amount that the PPO will pay = $20,300 x 70% = $14,210
Marie has to pay 20% of that amount = $14,210 x 20% = $2,842
A preferred provider organization (PPO) is a type of healthcare insurance that provides discounts if you use their network physicians and providers. In this case, Marie received a 30% for going to that hospital.
Planning process can be dined as the process to plan for future that aids in the organisational success of the organization or within the healthcare market.
The process of carrying out our future plans of action in order to contribute to organisational success is known as planning. The fundamental beliefs that serve to define and establish the organization's basis are represented by its strategic organisational values.
The road map that carries out the organisational strategic strategy includes operating plans. It includes all of the guidelines required to achieve all goals. It includes advice on how to carry out a task successfully. The five-year plan is regarded as the financial plan. It focuses on the organization's overall financial health, investments, and funding. It gives a general summary of the company.
To know more about planning, refer to the following link:
brainly.com/question/24864915
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Answer:
B) False
Explanation:
The chicken tactic is a combination of a huge deceit or bluff about what you really want or need, and a threat to do something usually not very normal or rational. The whole idea is to try to force the other negotiating party to chicken out and surrender to your requests. Both a chicken tactic and a hardball tactic are designed to take advantage of the other party.
The problem with using a chicken tactic is what happens if the other side calls the bluff, will the threat be real or not, and what position will the other side hold. For example, an employer negotiating wage increases with a union, if the employer threats to close the factory and the other party tells him/her to go on and close it, what will be the result. This type of negotiating tactic can result in huge problems.
