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3 years ago

What is the difference between excluded services and services that are not reasonable and necessary?

1 answer:

8 0

Excluded services are those services which health insurance companies do not pay for. Those services may be needed or necessary but they are not covered by the health insurance plan and the person concerned will have to pay for the service himself. Services that are not reasonable or necessary refer to those services which are not deem necessary in the treatment of a patient.

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Given the following information, compute the total number of units for the period: Direct labor hours 13,900 Direct labor cost $

stich3 [128]

Answer: 678 units

Explanation:

To answer this we shall subtract the various cost components from the main figure.

The total cost is $181,145.

The total labor cost would be,

= Labor hours x rate

= 13,900 x 2.70 per hour

= $37,530

The variable cost is 50% of total labor so that would be,

= $37,350 x 0.5

= $18,765

The fixed overhead cost is given at $74,000

Subtracting these would be

= 181,145 - 37,530 - 18,765 - 74,000

= $50,850

This figure is the Direct materials cost. The last cost.

Now it says that Direct materials cost $75 per unit so we can get the no. of units by division.

= 50850/ 75

= 678 units.

The total number of units was 678.

If you need any clarification or have any questions please feel free to comment or react. Thank you.

3 0

3 years ago

Read 2 more answers

In the united states, which is likely to cause virtually all population growth in the next few decades

Leokris [45]

Positive net migration. I believe positive net migration will make it happen, from reports there have been millions of illegal immigrants and they havent stopped coming in, like wise we have millions too coming in legally from part of the world into the united states where as only few American go out of their country, mostly just go for tourist and return back to their residents.

7 0

4 years ago

What is the correct strategy that Alejandra must use to deliver a negative message?

Serga [27]

Answer:

Apologize and come up with a new plan. Of course, you need to apologize, if you don't then that becomes a problem. (especially if they are a Karen.) After apologizing start to explain what you are going to do about it. For Example Refunds, Store Credit, Replacement, Etc. To start off. Then fix the problem. Also, tell them that you are going to do so and so to fix it. Like creating anew toy or whatnot. Hope this helps!

6 0

3 years ago

Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000. The firm carries eight items

OLEGan [10]

a. The average aggregate inventory value is $336,000.

b. The number of weeks of supply that the firm has is 3 weeks, approximately (2.69 ($336,000/$6,500,000 x 52).

c. The inventory turnover of Sapphire Aerospace for last year was 19.3x.

Question Completion:

Category Part Number Average Value Total Category

Inventory Units per Unit Value Totals

Raw Materials RM-1 20,000 $1 $20,000

Materials RM-2 5,000 5 25,000

RM-3 3,000 6 18,000

RM-4 1,000 8 8,000 $71,000

Work-in-process WIP-1 6,000 10 60,000

WIP-2 8,000 12 96,000 $156,000

Finished goods FG-1 1,000 65 65,000

FG-2 500 88 44,000 $109,000

Total value of inventory $336,000 $336,000

Inventory turnover = Cost of goods sold/Average inventory

= 19.3x ($6,500,000/$336,000)

Thus, the average inventory value is $336,000, while the inventory turnover was 19.3x.

Learn more about inventory turnover here: brainly.com/question/5701250

3 0

3 years ago

Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond

ivann1987 [24]

Answer:

Explanation:

The journal entry is shown below:

On September 30

Bonds payable A/c Dr $1,000,000

Loss on bond retirement A/c Dr $20,000

To Discount on Bond A/c $10,000

To Cash A/c $1,010,000

(Being the callable bond is recorded)

The computation is shown below:

For cash

= Par value of bond + Premium

= $1,000,000 + $10,000

= $1,010,000

For Loss, it would be

= $1,010,000 - $990,000

= $20,000

And, the remaining amount would be transferred to discount on bond

7 0

3 years ago