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4 years ago

7

A hospital incurs $10 million of cost to treat Medicaid patients and receives $7 million in payment. Actual charges for these Me

dicaid patients were $20 million. The net community benefit expense that would be reported in Schedule H of IRS Form 990 would be?

1 answer:

Snowcat [4.5K]4 years ago

6 0

<span>It would be: $3 million ($10 million in cost less $7 million in payment)</span>

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A steel manufacturer looking for a technician to oversee their melting process

Option A

<u>Explanation: </u>

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Steel technology has evolved nearer to steel oxygen manufacturing, as there is more chemical power added into the process. The quality of products made from liquid steel is also significant.

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3 years ago

Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater

Fed [463]

Answer:

Explanation:

The preparation of the cost of goods manufactured is presented below:

Zoe Corporation

Statement of Cost of Goods Manufactured

For Month Ended March 31, 20XX

Work in process inventory March 1 $22,000

Direct materials :

Materials inventory, March 1 $6,000

Add: Purchases $92,000

Cost of materials for use $98,000

Less - materials inventory, March 31 -$8,000

cost of materials placed in production $90,000

Add:

Direct labor $25,000

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Total manufacturing costs added $152,000

Total manufacturing costs $174,000

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7 0

3 years ago

Variable costs A. are fixed per unit and vary in total as production levels change. B. are fixed in total as production levels c

Bumek [7]

Answer: Option A

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The electricity consumption is fixed per unit, but if the level of production rises the electricity bill also rises as more units will be consumed.

Hence, from the above we can conclude that the right option is A.

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3 years ago

Liability rules, property rights, contract enforcement, and standards for weights and measures affect the for people to produce

malfutka [58]

Incentives is the answer

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4 years ago

Read 2 more answers

How many months will it take to pay off a $470 debt, with monthly payments of $20 at the end of each month, if the annual intere

amm1812

Answer:

28 month (approx)

Explanation:

Given

Present value = $470

Monthly Payment = $20

Interest Rate = 15% annual = 15% / 12 = 1.25% monthly

=0.0125

<h3> $Present Value = PMT [\frac{1-(1+i)^{-n}}{i}] \\470 = 20 [\frac{1-(1+0.0125)^{-n}}{0.0125}]\\470/20 = [\frac{1-(1+0.0125)^{-n}}{0.0125}]\\23.5 \times 0.0125 =1-(1+0.0125)^{-n}\\1-0.29375= (1+0.0125)^{-n}\\0.70625 = (1+0.0125)^{-n}\\0.70625 =(1.0125)^{-n}\\0.70625= \frac{1}{(1.0125)^{n}}\\(1.0125)^{n}=1.4159292\\n=28(approx)$ </h3><h3 />

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3 years ago