Answer:
invest = $96,914
so correct option is d. $96,914
Explanation:
given data
forward rate of the Swiss franc = $.50
spot rate of the Swiss franc = $.48
pay a sum = SF200,000
solution
we know Borrow is here
Borrow = 
Borrow = SF190,476
and
when we convert it will be
Convert SF190,476 is
Convert = SF190,476 × $.48 = $91,428
so investment at 6 % is
Invest = 6 % of $91,428 + $91,428
invest = $5485.68 + $91,428
invest = $96,914
so correct option is d. $96,914
Answer:
Nick pay maximum $930
so correct option is d. $930
Explanation:
given data
health care policy = $250
co-insurance provision = 80 %
it mean claim to be paid by insurance company = 80%
and claim to be paid by Nick = 20 %
co payment cap = $1,000
claim insurance = $600
company paid = $280
total bills = $5,000
to find out
How much will Nick have to pay for the second claim
solution
we get first amount to be paid by insurance company and nick is
amount to be paid by insurance company and nick = $600 - $250
amount to be paid by insurance company and nick = $350
and
we know here 80% of $350 paid by insurance company
so paid by insurance company = 80% of $350 = $280
and paid by Nick = $350 - $280 = $70
so Limit available to co payment = $1000 - $70
Limit available to co payment = $930
so Nick pay maximum $930
so correct option is d. $930
Answer:
The amount of manufacturing overhead cost that would have been applied to all jobs during the period is $279,720
Explanation:
The computation of the amount of manufacturing overhead is shown below:
= Predetermined overhead rate per direct labor-hour × total direct labor-hours
= $22.20 × 12,600 direct labors
= $279,720
Since the predetermined overhead rate is already given in the question, so there is no need to recalculate it and the other items which are mentioned are not relevant for the computation part. Hence, ignored it
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The statement "<span>Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases. " is true </span>
