Answer:
“a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a premium.” - Oxford language
Explanation:
Hope this helped
Answer:
$294,803.84
Explanation:
The computation of the equipment and the note is shown below:
Rate = 7% and the time = 3 years
Cash flow Table Value Amount Present Value
Par (Maturity) Value 0.81629 $320,000 $261,212.80
Interest (Annuity)
($320,000 × 4%) 2.6243 $12,800 $33,591.04
Price of equipment $294,803.84
The 0.81629 is
= 1 ÷ 1.07^3
And, the 2.6243 is the PVIFA factor
Answer:
a. marketing event
Explanation:
Marketing event -
It refers to the process of marketing , where the goods or services are marketed via some promotional events , is referred to as marketing event .
The method involves organizing and conducting for the promotional purpose .
In this method , there is direct interaction with the representative of the particular brand .
Hence , from the given scenario of the question ,
The correct option is a. marketing event .
Answer:
1. $8.25
2. $313,500
Explanation:
Given that,
Variable overhead cost per direct labor-hour = $2.00
Total fixed overhead cost per year = $250,000
Budgeted standard direct labor-hours (denominator level of activity) = 40,000
Actual direct labor-hours = 39,000
Standard direct labor-hours allowed for the actual output = 38,000
1. Total overhead cost at denominator level of activity:
= Total fixed overhead + Total variable overhead
= $250,000 + (40,000 × $2.00
)
= $250,000 + $80,000
= $330,000
Predetermined overhead rate:
= Total overhead cost at denominator level of activity ÷ Budgeted standard direct labor-hours
= $330,000 ÷ 40,000
= $8.25
2. Overhead applied:
= Standard direct labor-hours allowed for the actual output × Predetermined overhead rate
= 38,000 × $8.25
= $313,500
Answer:
The correct answer is A
Explanation:
Vesting is a plan of retirement which means the ownership. In other words,vesting is the term which is described as the certain percentage of the account, will be vested or own by every employee in the plan each year.
So, it is best described as the how long the employee owns or vest any contributions of the employer to the pension plan of the employee.
