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inysia [295]
2 years ago
5

Individuals who wait until they turn 65 to apply for medicare will cause a delay in the start of part b coverage, because they w

ill have to wait until the next __________ enrollment period, which is held january 1 through march 31 of each year, with part b coverage starting on july 1 of that year.
Business
1 answer:
Olenka [21]2 years ago
4 0
Individuals who wait until they turn 65 to apply for medicare will cause a delay in the start of part b coverage, because they will have to wait until the next GENERAL enrollment period, which is held January 1 through march 31 of each year, with part b coverage starting on July 1 of the year.
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Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all cos
Juli2301 [7.4K]

Answer:

WIP inventory       68,000 debit

Factory Overhead   8000 debit

     Raw Materials Inventory   76,000 credit

WIP inventory         55.000 debit

Factory Overhead  12,400 debit

  Factory Payroll payable       77,400 credit

WIP inventory       31,250 debit

   Factory overhead      31,250 credit

Finished Goods Inventory 73,750 debit

           WIP inventory              73,750 credit

Explanation:

<em><u>Direct Materials used:</u></em>

10,000 + 20,000 + 24,000 + 14,000 = 68,000

<em><u>Direct Labor used:</u></em>

8,000 + 17,000 + 18,000 + 12,000 = 55,000

<u>Overhead Applied:</u>

6,000 + 12,750 + 13,500 + 9,000 = 31,250

Overhead rate:

6,000 /  8,000 =  0.75

12,750 / 17,000 =  0.75

Finished goods:

24,000 + 49,750 = 73,750

7 0
3 years ago
Tom takes a loan of $60,000 at 4% annual interest to purchase a property worth $100,000. He earns an annual income of $10,000 af
guajiro [1.7K]

Based on the given data, Tom's leveraged return on the real estate investment is 13.3%.

A leveraged return means an investment return on equity partially financed with debt.

Investment in property = $100,000 - $60,000

Investment in property = $40,000

Interest = $60,000 * 4%

Interest = $2,400

Net income after tax = ($10,000 - $2,400) * (1 - 30%)

Net income after tax = $7,600 * 0.70

Net income after tax = $5,320

Leveraged return = Net income after tax / Investment in property * 100

Leveraged return = $5,320 / $40,000 * 100

Leveraged return = 0.133 * 100

Leveraged return = 13.3%

Hence, Tom's leveraged return on the real estate investment is 13.3%.

Learn more about leveraged return:

<em>brainly.com/question/14005616</em>

8 0
2 years ago
Henry is an economist and wants to understand the relationship between inflation and consumer spending habits. For his research,
alexandr402 [8]

Answer:

2014 CPI= 101.5

2013 CPI= 100.8333333

2014 Inflation Rate= 0.66%

Explanation:

Consumer Price Index (CPI):

The index is calculated by taking the price of the basket in one year and dividing it by the price of the basket in another year. This ratio is then multiplied by 100.

Basket Price:

is the sum of the product of the quantitys and prices of the goods thata compose the basket for any given year.

Inflation Rate:

CPI (x+1) - CPI (x)

_____________

CPI (x)

5 0
3 years ago
Generally, when business startup costs exceed the maximum amount allowed, the remaining costs may be amortized over_____ months.
irina1246 [14]

Answer:

The correct answer is letter "B": 180.

Explanation:

During the first year a business operates, companies can elect to deduct up to $5,000 from their costs. If the costs are higher than $50,000, the deduction of $5,000 will be reduced by the exceeding amount. However, that exceeding amount can be amortized for up to 15 years (180 months).

8 0
3 years ago
Beginning on January 1, 2020, 5 equal deposits are to be made in a fund. Required: Using the appropriate tables, determine the e
8090 [49]

Answer:

Explanation:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\  

FV  $200,000.00  

time 5 years

rate 0.1% = 10/100 = 0.10

200000 \div \frac{(1+0.1)^{5} -1}{0.1} = C\\  

C  $ 32,759.496  

The installment will generate 10% interest overtime and provide with a 200,000 dollar count after six years

7 0
3 years ago
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