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Tju [1.3M]
1 year ago
10

If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from thei

r ma plan. True or false?.
Business
1 answer:
sveticcg [70]1 year ago
6 0

It is True that if a beneficiary is enrolled in a Medicare Advantage plan and they also sign up for a pdp plan, they will be automatically dropped from their Medicare Advantage (ma) plan.

<h3>Medicare Advantage (MA)</h3>

A Medicare Advantage plan is a type of health plan proposed by a private company that leases with Medicare to provide you with all your Medicare Parts A and B benefits. MA plans contain health maintenance organizations, selected provider organizations, personal fee-for-service plans, and Special Needs Plans.

<h3>Medicare Advantage Plans</h3>
  • Health Maintenance Organization (HMO) Plans.
  • Preferred Provider Organization (PPO) Plans.
  • Private Fee-for-Service (PFFS) Plans.
  • Special Needs Plans (SNPs)

Original Medicare contains Medicare Part A (Hospital Insurance) and Part B (Medical Insurance). You can bind a separate Medicare medicine plan to get Medicare medication coverage (Part D).

To learn more about the Medicare Advantage visit the link

brainly.com/question/21464144

#SPJ4

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Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were as follow
Anestetic [448]

Answer:

3.

DR Selling and Administrative Salaries               $240,000

      Manufacturing Overhead                                $150,000

      Work in Process                                                $600,000

CR Wages Payable                                                                      $990,000

4.

Manufacturing Overhead Applied

= 41,000 hours * 16.25

= $666,250

5. Total Manufacturing cost to be added = Raw Materials + Direct Labor + Manufacturing Overhead

= 480,000 + 600,000 + 666,250

= $1,746,250

6.

DR Finished Goods                                             $1,680,000

CR Work in Process                                                                $1,680,000

7.

Ending Balance = Beginning balance + Raw materials + Direct labor + Manufacturing Overhead - Cost transferred to Finished goods

= 18,000 + 480,000 + 666,250 + 84,250 - 1,680,000

= $84,250

9. Predetermined overhead cost - Actual cost = 666,250 - 650,000 = $16,250.

<u>Overapplied</u> as predetermined cost was more than Actual.

12. Finished goods = Beginning balance + Cost transferred from WIP - Cost of goods sold

= 35,000 + 1,680,000 - 1,690,000

= $25,000

13.

Adjusted Cost of Goods sold = Cost of goods sold - Overapplied

= 1,690,000 - 16,250

= $1,673,750

14. Gross Margin = Sales - Adjusted COGS

= 2,800,000 - 1,673,750

= $1,126,350

15. Net Operating Income

= Gross Margin - Selling and Administrative salaries - Selling and Administrative expenses

= 1,126,350 - 240,000 - 367,000

= $519,250

6 0
4 years ago
An examination of Hyong Corporation's inventory accounts revealed the following information:
andreyandreev [35.5K]

Answer:

Production= 45,000 units

Explanation:

Giving the following information:

Raw materials, June 1: 46,000 units

Raw materials, June 30: 51,000 units

Purchases of raw materials during June: 185,000 units

<u>First, we need to calculate the raw material used in production:</u>

<u></u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 46,000 + 185,000 - 51,000

Direct material used= 180,000

<u>Now, the production for the period:</u>

Production= 180,000/4

Production= 45,000 units

3 0
3 years ago
Primo Industries collected $105,000 from customers in 2019. Of the amount collected, $25,000 was for services performed in 2018.
bearhunter [10]

Answer:

a. $33,000.

b. $36,000.

Explanation:

Net income is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses. It is also called net earnings.

Now, Cash accounting recognizes revenue and expenses only when money changes hands, but accrual accounting recognizes revenue when it's earned, and expenses when they're billed (but not paid).

a. 2014 Cash-basis net income:

Primo Industries collected $105,000 from customers in 2019

Primo Industries also paid $72,000 for expenses in 2019

=105,000-72,000

=$33,000

b. 2014 accrual-basis net income.

=(105,000-25000+40000)-(72000-30000+42000)

=120000-84000

=$36,000

5 0
3 years ago
Suppose the economy is in a recessionary gap. to move equilibrium aggregate output closer to the level of potential output, the
prisoha [69]
The best option is to decrease taxes.
5 0
3 years ago
A perfectly competitive market has a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set
Natali [406]

Answer:

c. many buyers and sellers.

Explanation:

A perfect market for competition is a market that has a high level of competition.

It has the following features -  

1. With regard to the market, knowledge is great in this rivalry between producer and consumer.

2. Free entry, and exit  

3. Deals with same or homogeneous products  

4. The sellers and buyers are more in this market  

5 0
3 years ago
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