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MaRussiya [10]
3 years ago
14

For the current year ended October 31, Friedman Company expects fixed costs of $14,300,000, a unit variable cost of $250, and a

unit selling price of $380. Compute the anticipated break-even sales (units).
Business
1 answer:
Nana76 [90]3 years ago
5 0

Explanation:

Breakeven=fixed cost/selling price - variable cost

so 14,300000/380-250

14,300000/130 = 110,000 units to be able to make break even

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Valentin [98]

In a situation where Wayne incurs a $2,000 medical bill, and if his health policy has a $1,000 deductible and an 80/20 coinsurance percentage, the insurer will pay an amount of $800. Therefore, the option C holds true.

<h3>What is the significance of coinsurance?</h3>

A coinsurance can be referred to or considered as the system of insurance in which the insurer pays a predetermined proportion of losses or repairs incurred against the happening of an insured event.

In the above situation, the policy has an 80/20 coinsurance terms, then as per these terms out of the $1000 deductible in the health policy, an amount up to 80%, i.e., $800 will be paid by the insurer Wayne.

Therefore, the option C holds true and states regarding the significance of a coinsurance.

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The question seems to be incomplete. It has been added below for better reference.

Wayne incurs a $2,000 medical bill. If his health policy has a $1,000 deductible and an 80/20 coinsurance percentage, how much will the insurer pay?

a) $1,000

b) $1,200

c) $800

d) $1,800

5 0
1 year ago
Aiden just landed a new full time job with a great salary. He currently lives in Virginia, but his new job is in Oregon. One of
olasank [31]

Answer:

<u>benefit</u> in terms of monetary assistance for relocating as there will be huge cost incurred by Aiden in relocation, as this is also important to relocate as the distance is too much that daily travelling is not possible, and for him Oregon is a new city and finding an accommodation is itself challenging therefore, when company at-least reimburses such cost of relocation it turns easy and removes a burden for relocation. Further this cannot be considered as wage or perk as this is not regular in nature and will not occur permanently.

3 0
3 years ago
20 pts.<br><br> When would it be better to use business emails?
pychu [463]
It would be better when doing business .
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3 years ago
Read 2 more answers
Let's consider the effects of inflation in an economy composed of only two people: Bob, a bean farmer, and Rita, a rice farmer.
34kurt

Answer:

See below.

Explanation:

Lets first calculate inflation using the formula for Consumer Price Index

Inflation for a good = (Year 2 price - Year 1 price / Year 1 price) * 100

Using the above formula we can calculate inflation when Beans = $2 and Rice = $6.

Inflation for Beans = (2-1/1) * 100 = 100%

Inflation for Rice = (6-3/3) * 100 = 100%

Since each of them use rice and beans in equal proportions we assign them weights of 0.5 each,

Inflation Total = 0.5 * 100 + 0.5 * 100 = 100%

We assume Bob and Rita form a transnational relation and as such neither is worse off because the exchange rate between them remains the same,

Exchange rate before inflation = 3/1 = 3, Bob can buy 1 Rice by selling Rita 3 Beans.

Exchange rate after inflation = 6/2 = 3, so Bob can still buy 1 Rice by selling Rita 3 Beans.

B) For Prices 2 and 4 we use the above formulas,

Total Inflation = (2-1/1)*100*0.50 + (4-3/3)*100*0.50 = 66.66%

Bob is better off and Rita Worse off as the exchange rate for Bob has improved He can acquire 1 Rice for 4/2 = 2 Beans instead of 3 he needed before. Rita needs to sell him more to maintain her consumption but since they always consume same amount, she is worse off.

C) For Prices 2 and 1.5.

Total Inflation = (2-1/1)*100*0.50 + (1.5-3/3)*100*0.50 = (50-25) = 25%

Bob is now worse off and Rita better off as the Exchange rate change has favored Rita. Rita now only needs to sell 1 rice to obtain 2/1.5 = 1.3 units of Beans. Bob will have to sell more to maintain his initial consumption level.

D)

Bob and Rita are more concerned with their rate of exchange which is the change in real terms. As long as the changes are proportional and there are no third actors in the economy model, the 2 agents are not affected at all. What matters to them is their transnational rate and not inflation on the whole in this case.

Hope that helps.

5 0
3 years ago
In 2005 the price index was calculated at 115.3 with 2000 as the base year. In 2006 the price index increased to 119.5. What was
mario62 [17]
The answer is the inflation from 2005 to 2006 has changed by [3.6%]
5 0
2 years ago
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