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3 years ago

9

Automobile insurance companies have a problem with people who buy insurance and then drive recklessly or take less care to avoid

losses after being insured. in other words, the automobile insurance market is subject to

1 answer:

Sergio039 [100]3 years ago

4 0

I think the proper term is "moral hazard"

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Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s

olasank [31]

Answer:

A. $10.75

B. May $6,288.75

June $4,407.5

Explanation:

A . Calculation to Determine Shadee's budgeted manufacturing cost per visor.

Budgeted direct Material $4.00

Direct labor $3.6

(0.30*$12)

ariable manufacturing overhead is $1.25

Fixed overhead per unit is $1.90

Budgeted manufacturing cost per visor $10.75

Therefore Shadee's budgeted manufacturing cost per visor is $10.75

B. Computation for Shadee's budgeted cost of goods sold for May and June.

May June

Expected sales units 585 410

Minimum cost per unit $10.75 $10.75

Budgeted cost of goods sold for May and June

$6,288.75 $4,407.5

May (585*$10.75=$6,288.75)

June(410*$10.75=$4,407.5)

Therefore the budgeted cost of goods sold for May is $6,288.75 and June is $4,407.5.

3 0

3 years ago

Marketing managers can choose between three possible global ______, which range from selling the same product to introducing an

sergij07 [2.7K]

managers can choose between three possible global ______, which range from selling the same product to introducing an entirely new product

3 0

2 years ago

Suppose that the following group of values has been entered into the TVM

Nezavi [6.7K]

The bal() function that is going to balance the loan after a period of 9 years would be A. bal(108)

<h3>How to solve for the bal() function</h3>

The question tells us that the loan balance would be calculated after the period of 9 years.

We have 12 months yearly in all of these 9 years.

Hence the function would be bal(12*9)

= bal(108)

Read more on functions here:

brainly.com/question/25638609

#SPJ1

5 0

2 years ago

Match the items below by entering the appropriate code letter in the space provided. Plant assets Book value Salvage value Strai

disa [49]

Answer:

1. Small expenditures which primarily benefit the current period. REVENUE EXPENDITURES

2. Cost less accumulated depreciation. BOOK VALUE

3. An accelerated depreciation method used for financial statement purposes. DOUBLE DECLINING BALANCE METHOD

4. Tangible resources that are used in operations and are not intended for resale. PLANT ASSETS

5. Equal amount of depreciation each period. STRAIGHT LINE METHOD

6. Expected cash value of the asset at the end of its useful life. SALVAGE VALUE

7. Process of allocating the cost of equipment over its service life. DEPRECIATION

8. Material expenditures that increase an asset's operating efficiency, productive capacity, or useful life CAPITAL EXPENDITURES

9. An accelerated depreciation method used for tax purposes. MACRS

10. Useful life is expressed in terms of units of production or expected use. UNITS OF ACTIVITY METHOD

Explanation:

7 0

3 years ago

I can only put away $2,000 a year toward retirement. I am 25 and plan on retiring at 65 and earning 5%. How much will I have at

Scorpion4ik [409]

Answer: $241,600

Explanation:

As this amount is a constant amount, it is an annuity. To find out the total amount after a certain period of time, use the future value of annuity formula.

Future value of annuity = Amount * [ {( 1 + rate) ^number of periods - 1} / rate]

Number of periods = 65 - 25 = 40

Future value of annuity = 2,000 * [ {(1 + 5%)⁴⁰ - 1} / 5%]

= 241,599.54

= $241,600

3 0

3 years ago