1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hichkok12 [17]
3 years ago
6

The time between the disabling event and the beginning of payments in your disability coverage is called

Business
1 answer:
balu736 [363]3 years ago
3 0

Answer – Elimination period

 

In insurance, elimination period refers to the time between the disabling event (e.g. the occurrence of an injury or illness) and the beginning of payments in the disability coverage (i.e. when payments of insurance benefits are received from the insurer<span>)</span>

You might be interested in
Overton Company has gathered the following information. Units in beginning work in process 20,300 Units started into production
storchak [24]

Answer:

a. Materials = 206,000 units and Conversion costs = 196,040 units

b. Materials = $0.50 and Conversion costs = $2.65

c. Costs to units transferred out = $570,465 and Costs to units in process =  $59,511

Explanation:

a. Calculation of Equivalent Units of Production for Materials and for Conversion costs

Units Completed and Transferred  = Units in beginning work in process + Units started into production - Units in ending work in process

                                                          = 20,300 +  185,700 - 24,900

                                                          = 181,100

<u>Materials </u>

Units Completed and Transferred (181,100 × 100%) =    181,100

Units in Ending Work in Process (24,900 × 100%)   =    24,900

Equivalent Units of Production                                  = 206,000

<u>Conversion costs </u>

Units Completed and Transferred (181,100 × 100%) =    181,100

Units in Ending Work in Process (24,900 × 60%)    =     14,940

Equivalent Units of Production                                  =  196,040

b. Calculation of  the unit costs of production.

Unit costs of production = Total Cost / Equivalent Units of Production

Materials = $103,000 / 206,000

               = $0.50

Conversion costs = ($333,306 + $186,200) / 196,040

                             = $2.65

Total Unit Cost = $0.50 + $2.65

                         = $3.15

c. Assignment of costs to units transferred out and in process.

Costs to units transferred out = 181,100 × $3.15

                                                 = $570,465

Costs to units in process

Materials  ($0.50 × 24,900)             = $12,450

Conversion costs  ($3.15 × 14,940)  = $47,061

Total Cost                                         =  $59,511

8 0
2 years ago
Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest c
Mademuasel [1]

Answer:

Allocated costs= $116.7

Explanation:

Giving the following formula:

The activity rates associated with each activity pool are $8.70 per guest check-in, $18.00 per room cleaning, and $3.00 per served meal (not including food).

Julie Campbell visited the hotel for a 5-night stay. Julie had 6 meals in the hotel during the visit.

<u>To allocated costs, we need to use the following formula:</u>

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

Allocated costs= 8.7 + 18*5 + 3*6

Allocated costs= $116.7

5 0
2 years ago
If you expect a stock be priced at $80 in one year and pay a dividend of $1.85, what is the most you would be willing to pay for
ElenaW [278]

Willing to pay for the stock today is  $72.43.

Given values, Dividend = $1.85

                      Price = $80

                      return = 0.13

Formula, Current Price = (Dividend + Price ) / (1 + return )

                                     = (1.85 + 80) / (1+ 0.13)

                                     = $72.43

The number one purpose that buyers personal inventory is to earn a return on their funding. That go back commonly is available in  viable methods: The stock's price appreciates, this means that it is going up. you can then promote the stock for a profit if you'd like.

The very best way to shop for stocks is thru a web stockbroker. After beginning and funding your account, you may buy shares via the broker's internet site in a remember of minutes. Other options encompass the use of a full-provider stockbroker, or shopping for inventory directly from the company.

Learn more about stock here:-

brainly.com/question/25818989

#SPJ4

8 0
1 year ago
The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2015.
pishuonlain [190]

Answer:

See explanation section

Explanation:

See the images to get the answer

4 0
2 years ago
The accounts in the ledger of Seaside Furniture Company as of August 20Y5 are listed in alphabetical order as follows. All accou
musickatia [10]

Answer:

Cash $426,800.00

Debit side $6,500,000.00

Credit side $6,500,000.00

Explanation:

Preparation of the Unadjusted trial balance

SEASIDE Unadjusted Trial Balance

DEBIT SIDE

Cash 426,800.00

Accounts Receivable 660,500.00

Prepaid Insurance 21,600.00

Supplies 11,200.00

Land 1,850,000.00

Dividends 36,000.00

Wages Expense 2,950,000.00

Utilities Expense 82,000.00

Rent Expense 390,000.00

Supplies Expense 23,700.00

Insurance Expense 18,000.00

Miscellaneous Expense 30,200.00

TOTAL $6,500,000.00

CREDIT SIDE

Notes Payable 75,000.00

Accounts Payable 118,600.00

Unearned rent 12,000.00

Common stock 150,000.00

Retained Earnings 1,814,400.00

Fees Earned 4,330,000.00

TOTAL $6,500,000.00

CASH will be the balancing figure since the total of both Debit and Credit columns of trial balance must equal.

Therefore the Unadjusted trial balance be:

Debit side $6,500,000.00

Credit side $6,500,000.00

8 0
2 years ago
Other questions:
  • A maker of frozen meals claims that the average caloric content of its meals is 400, and the standard deviation is 15. a researc
    7·1 answer
  • "which group of organizational participants has the most vague job description?"
    14·1 answer
  • The amount of money from a 529 college savings plan investment is dependent upon: A. college tuition inflation. B. the performan
    12·2 answers
  • Without taxes, the market price per bag of apples is $5. with a $2 tax per bag of apples, buyers now pay $5.75 per bag. what is
    5·1 answer
  • Makes our arms, legs, and head move
    13·2 answers
  • Omni Healthcare's analgesic drug Cetaprin has a 40% share in the analgesics market in the country of Terrania. Its closest compe
    13·1 answer
  • Carr Company is considering two capital investment proposals. Estimates regarding each project are provided below:Project Soup P
    15·1 answer
  • MECCS Inc. stock paid its annual dividends of $4.90 per share yesterday. The dividend is expected to decrease at a constant rate
    11·1 answer
  • A company purchased factory equipment for $590,000. It is estimated that the equipment will have a $59,000 salvage value at the
    12·1 answer
  • How does a parent perform the functions of organizing in management?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!