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3 years ago

The Business Auto Coverage Form covers all of the following, except:

Business

1 answer:

bija089 [108]3 years ago

3 0

Answer:

The Business Auto Coverage Form does not cover automatic coverage for physical damage to trailers.

The correct answer is C

Explanation:

Trailers used for business purposes may be covered by physical damage coverage but they are not covered by automatic coverage.

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PA5.

daser333 [38]

Answer:

Using weighted average method

Statement of equivalent units

Material Conversion

Units Units

Units transferred out 19,000 19,000

Add: Closing work-in-progress 6,000 1,800

Average divisor  25,000  20,800

Computation of cost per unit

Material Conversion

$ $

Cost of beginning work-in-progress 10,000 19,000

Cost added 50,000 112,248

Total cost  60,000  131,248

Material cost per unit = $60,000

25,000 units

= $2.40 per unit

Conversion cost per unit = $131,248

20,800 units

= $6.31 per unit

Value of units transferred out

Material = 19,000 x $2.40 = $45,600

Conversion = 19,000 x $6.31 = $119,890

Value of closing work-in-progress

Material = 6,000 x $2.40 = $14,400

Conversion = 1,800 x $6.31 = 11,358

Explanation:

In this case, we need to prepare statement of equivalent units in order to ascertain the average divisor. The average divisor is the sum of units transferred out and closing work-in-progress. Then, we will obtain the total cost of material and conversion, which is the aggregate of cost of opening work-in-progress and cost of units added. We will also calculate the cost per unit, which is total cost of material and conversion divided by average divisor. Finally, the units transferred and ending work-in-progress will be valued at unit cost of material and conversion.

8 0

3 years ago

Which statement is prepared for only one date?

lilavasa [31]

Answer:

income statemant.......

4 0

3 years ago

americans pay federal, state, and local governments nearly percent of every dollar they earn in taxes.

frozen [14]

nearly 41.1 percent of every dollar they earn in taxes.

the required details about taxes is given in below link

In the United States, the primary source of tax revenue was from individual income taxes (federal, state, and municipal).

sources of US tax revenue.

The United States relies substantially more on individual income taxes and property taxes than the OECD average. Individual income taxes generated 41.1 percent of total tax revenue in the United States, compared to an average of 24 percent in OECD countries—a 17.1 percentage point differential.

This is mainly due to the fact that in the United States, more than half of business income is reported on individual tax returns. In comparison to other OECD nations, the United States' method of taxing business income increases the share of tax revenue from individual income taxes and decreases the share of tax revenue from corporate taxes.

to know more about US tax revenue.

brainly.com/question/27978084

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4 0

1 year ago

The demand for plumbers is the same in country A and country B, but the plumbers in country A earn less than the plumbers in cou

Tpy6a [65]

Answer:The supply of plumbers in country A is greater than the supply of plumbers in country B.

Explanation:

The state of demand and supply of labour has a great effect on wages of workers. If the supply of plumbers is grater than the number s of households demanding plumbering services the wages for the plumbers will fall because more plumbers are available for the few works available and this is the situation why plumbers in country A earn less than B though the demand in both countries are the same but they do not vary in the same proportion with their demands.

The supply of plumbers in B is not greater than A and this why B earn more. Productivity refers to measuring the level of outputs in relation to the inputs such labour, capital in production and this does not have impact on wages compare to demand and supply of labour but it's impact is on production.

6 0

3 years ago

Faruq spends all of his income on two goods: tacos and milkshakes. His income is $100, the price of tacos is $10, and the price

ANTONII [103]

Answer:

Explanation:

Amount he can spend on tacos = income - total price of milkshakes

total price of milkshakes = 2 x 10 = 20

100 - 20 = 80

quantity of tacos = 80 / 10 = 8

8 0

2 years ago