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3 years ago

If you cause a car accident, which type of insurance will require you to pay the least out of pocket

2 answers:

5 0

If you cause a car accident, which type of insurance will require you to pay the least out of pocket: B.Low deductible plan

<h3>Further explanation</h3>

Deductible is the amount you pay for covered health care services before your insurance plan starts to pay. For example the $2,000 deductible pay. In this case you pay the first $2,000 of covered services yourself. After you pay the deductible, you usually pay only a copayment for covered services. There are two kinds of deductible plan such as low deductible plan and high deductible plan. Plan type affects your eligibility to use a health savings account (HSA) The high deductibles tend to have lower premiums, whereas the low deductible tend to have higher premiums. Plans with higher deductibles tend to have lower monthly premiums than lower deductibles.

If you cause a car accident, which type of insurance will require you to pay the least out of pocket: B.Low deductible plan. It means if the health insurance plans carry a lower deductible, when you get sick, you pay less money up front before your plan starts paying

<h3>Learn more</h3>

Learn more about deductible plan brainly.com/question/1845375
Learn more about insurance brainly.com/question/11467163
Learn more about car accident brainly.com/question/3100499

<h3>Answer details</h3>

Grade: 8

Subject: business

Chapter: insurance

Keywords: deductible plan, insurance, car accident, pocket, pay

WARRIOR [948]3 years ago

3 0

A low deductible plan is the type of insurance that will require the driver to pay less out of pocket. If a person has a high deductible plan, the out of pocket payment would be a lot higher. A low deductible plan has much higher premiums that must be paid. The high deductible insurance has much lower premiums. After a wreck that is caused by the driver, most insurances will raise the premiums paid. Unless you with an insurance company that accident forgiveness plans. The correct answer to this question is B. Low Deductible Plan.

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damaskus [11]

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.

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3 years ago

The global technology company Motorola received negative publicity related to allegations that its workforce at a ________ plant

allsm [11]

Answer:

The correct answer is Contract manufacturing.

Explanation:

Contract manufacturing is a business model in which a company approaches a manufacturer with a design and requests a contract to produce a certain number of units at a cost. The cost of the contract manufacturer is based on work, material costs and the difficulty of the process, while the company focuses on design, marketing and sales. In general, the companies they hire will request quotes from several manufacturers per contract in a bidding process before finally choosing one.

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3 years ago

Snap Dragon Photo reported the following figures on its December 31, 2016, income statement and balance sheet:Net Sales $440,000

siniylev [52]

Answer:

Assets turnover ratio= 1.64 times

Explanation:

The asset turnover is the he amount of sales generated by one dollar invested in asset. it measures how efficient the business is in generating sales using assets

Assets turnover ratio = net sales / Average assets

<em>Asset at the beginning of year 2016</em>

=26,000 + 56,000 + 79,000 + 8,000 + 180,000 = 349 ,000

<em>Asset at the end of year 2016</em>

$28,000 + 58,000 + 76,000 + 14,000 + 11,000= 187 ,000

Average assets = Opening value of asset+ closing value of assets/2

= 349 ,000 + 187 ,000= 268 ,000

Assets turnover ratio = net sales / Average assets

=440000/268,000= 1.64 times

Assets turnover ratio= 1.64 times

Total assets =

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3 years ago

Mauritiana uses standard costing for her shawls. She expects that a typical shawl should take 4 hours to produce, and the stand

PSYCHO15rus [73]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

She expects that a typical shawl should take 4 hours to produce, and the standard wage rate is $ 10.00 per hour. An average shawl uses 12 skeins of wool. Marina shops around for good deals, and expects to pay $ 3.30 per skein.

For April, Mauriona's workers produced 200 shawls using 784 hours and 3,360 skeins of wool. Mauriona bought wool for $ 10,420 (and used the entire quantity), and incurred labor costs of $ 8,100.

Direct material price variance= (standard price - actual price)*actual quantity

Actual price= 3.10

Direct material price variance= (3.3 - 3.10)*3,360= $672 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= [(12*200) - 3,360]*3.3= $3,168 unfavorable

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= [(4*200) - 784]*10= $160 favorable

Direct labor price variance= (SR - AR)*AQ

Direct labor price variance= (10 - 10.33)*784= 258.72 unfavorable

Work in process 7,924

Direct material quantity variance 3,168

Direct material price variance 672

Material inventory 10,420

Work in process 8,000

Direct labor price variance 260

Direct labor efficiency variance 160

Wages payable 8,100

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3 years ago

In July, 2013 the consulting firm Mercer released results from a survey where workers in the U.S. expected a 2.9% increase in pa

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Answer:

A 2.9% pay increase in 2014 for U.S. workers will cause the AS (aggregate supply) curve to shift inward in the short-run, signaling a decline in the quantity supplied.

Explanation:

The supply quantity declines because a pay increase increases suppliers' cost of production and reduces their ability to produce more goods and services. On the contrary, a fall in workers' pay causes the aggregate supply curve to shift outward, thereby increasing the quantity supplied. In the long-run, the pay increase will increase aggregate demand, thereby pushing prices to increase, while, at the same, suppliers try to increase the quantity supplied to meet with increased prices and demand.

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