All categories

4 years ago

What is the amount of money that the policy holder must pay before the insurance company will reimburse an insured loss?

Business

2 answers:

oksano4ka [1.4K]4 years ago

5 0

the answer to your question is deductible

bija089 [108]4 years ago

3 0

The policy holder must pay deductible.

You might be interested in

Cain Components manufactures and distributes various plumbing products used in homes and other buildings. Over time, the product

Alina [70]

Solution :

Standard Deluxe Total

Total cost of direct material 245000 155000 400000

Total cost of direct labor 650000 250000 900000

Total machine hours 150000 100000 250000

Total setups 75 125 200

Total material pounds 18000 9000 27000

Total direct hours of labor 6000 3750 9750

No. of units shipped 20000 5000 25000

a). Cost drivers rates :

Receiving 150 Percentage of materials(dollars)

$\left(600000 \times \frac{100}{400000}\right)$

Manufacturing 13.20 Per machine hour

$\frac{3300000}{250000}$

Engineering 11000 Per set up

$\frac{2200000}{200}$

Machine set up 4500 per set up

$\frac{900000}{200}$

Shipping 40 per unit

$\frac{1000000}{25000}$

b). Units product cost

Standard Deluxe

Direct cost 895000 405000

(245000+650000) (155000+250000)

Overhead :

Receiving 367500 232500

(245000 x 150%) (155000 x 150%)

Manufacturing 1980000 1320000

(150000 x 13.2) (100000 x 13.2)

Engineering 825000 1375000

(75 x 11000) (125 x 11000)

Machine set up 337500 562500

(75 x 4500) (125 x 4500)

Shipping 800000 200000

(20000 x 40) (5000 x 40)

Total costs 5205000 4095000

No of units 20000 5000

Unit cost 260.25 819

(5205000/20000) (4095000/5000)

7 0

3 years ago

Does a rising GDP benefit everyone? Explain

Nastasia [14]

Answer:When a country's GDP is high it means that the country is increasing the amount of production that is taking place in the economy and the citizens have a higher income and hence are spending more. However, increase in GDP does not necessarily increase the prosperity of each and every income class of the nation.

Explanation:

3 0

3 years ago

A mother who purchases a new pair of shoes for her 4 year old child can be considered a consumer, but not a customer. true or fa

Sedaia [141]

The answer is false because a customer is a person that buys goods or services from a store of business.

4 0

4 years ago

How is "Value" assigned to assets

konstantin123 [22]

They use The Economic Analysis Method to assign an monetary value, because it is often difficult to assign a value. This approach ( The Economic Analysis Method) states that, the patents value is the replacement cost, or at least the right amount to replace the protection right on the invention.

I hope this answered your question! :^)

3 0

3 years ago

Henry Spring, a chef at a major restaurant in San Francisco, wants to start his own restaurant. He surveys the market, finds a s

just olya [345]

Answer:

A)Capital

Explanation:

Cpatial is one of the factors of production. Capital includes all man made resocurces used in the production process. They include money, equipment and resocurces.

Other factors of production mentioned in the question are :

Henry- the entrepreneur

Building- land

I hope my answer helps you

7 0

3 years ago