Answer:
total paying each month = $145.50
Explanation:
given data
medical insurance = $345
employer pays = 65%
monthly dental premium = 50% of $38
monthly premium for the vision plan = 75% of the $23
solution
we get here total monthly premium that has to pay
so get here amount that is cover from the medical insurance, dental and vision
value of the premium will be add each of them and they are
medical = $345 × (1 - 0.35 )
= $120.75
dental = $38× (1 - 0.50 )
= $19
vision plan = $23 × (1 - 0.75 )
= $5.75
so total paying each month = $120.75 + $19 + $5.75
total paying each month = $145.50
Answer: A business legally separate from its owners.
Explanation:
A corporation is an organization which is seen legally as being separate from the owner(s). Legally, a corporation is seen as being on its own and therefore can: obtain loans, be Sue, pay taxes etc.
Answer:
Products Selling price Unit variable cost Contribution per unit
$ $ $
M 7 3 4
N 6 2 4
O 6 3 3
19 8 11
Break-even point in composite units
= <u>Total fixed cost</u>
Contribution per unit
= <u>$340,000</u>
$11
= 30,909 units
Break-even point for the current sales mix
M 3/6 x 30,909 units = 15,455 units
N 1/6 x 30,909 units = 5,151 units
O 2/6 x 30,909 units = 10,303 units
Explanation:
In this case, we need to calculate contribution per unit of each product by deducting the unit variable cost of each product from their respective selling prices. Then, we will obtain the break-even point in composite units by dividing the total fixed cost by overall contribution per unit.
Then, we will determine the break-even point for the current sales mix by multiplying the proportion of each product in the sales mix by the break-even point in composite units.
Answer:
b) Cut hours and workers in order to minimize costs
Explanation:
Rational decision making is the process by which a business manager analyses different factors and outcomes before choosing a particular line of action.
The manager will have to choose between alternative options that are available.
In the given instances only the option to cut hours and workers in a bid to reduce cost shows the manager made a decision to achieve a goal (cost reduction).
The other options do not define a clear business goal and a strategy to achieve it
Answer:D beacuse we had a bigger population and more income
