Answer:
Correct Answer:
b. There is no time limit on when the policy may be reinstated.
Explanation:
In life insurance, which is an insurance against event in the life of the individual in question, it is expected that, the person will be paying his premium fee regularly.
<em>In a situation, there was a lapses, in-order to reinstate the life insurance policy, it must be reinstated within 1 year in-order to be valid.</em>
Answer:
C) Data scientist.
Explanation:
Data science is the use of various methods such as algorithms, scientific methods, and systems to get insights and knowledge from structured and unstructured data.
Angelica in helping business clients identify, organize, and analyze data from social media sources, internal CRM databases, commercial entity sources, and government sources is taking a data scientist's role.
Answer: $83
Explanation:
Given that,
On 1 June,
Materials purchased = 50 units
Unit price of material = $1.30
On June 15,
Materials purchased = 50 units
Unit price of material = $1.20
Total cost of 65 units:
= (Material purchased on 1 June × Unit price of material) + [(65 units - 50 units) × $1.20]
= (50 units × $1.30) + (15 units × $1.20)
= $65 + $18
= $83
Answer:
$373.4
Explanation:
The cost of goods sold are the costs associated with the carrying value of the goods that were sold. In other words, it refers to the costs of the merchandise, the direct labor, the direct materials, and any other type of allocated overhead to the good.
When the cost of goods sold is substracted for sales revenue, we obtained the gross profits. Therefore, to find the answer, we simply write the following equation and solve:
Sales Revenue - Cost of Goods Sold = Gross Profits
500.3 - X = 126.9
500.3 - X - 500.3 = 126.9 - 500.3
-X = -373.4
Dividing each side by -1 we finally obtain:
X = 373.4
Answer and Explanation:
The classifications are as follows
1. Product cost and the manufacturing overhead
2. Period cost
3. Product cost and direct labor
4. Period cost
5. Product cost and the manufacturing overhead
6. Product cost and the manufacturing overhead
7. Product cost and direct material
8. Period cost
9. Product cost and direct material
10. Product cost and direct material
11. Period cost
12. Product cost and the manufacturing overhead
13. Product cost and the manufacturing overhead
14. Product cost and direct labor
