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liberstina [14]
3 years ago
4

All other factors being equal the least expensive first-year premium payment is found in

Business
1 answer:
Allushta [10]3 years ago
6 0
<span>This would be the Annually Renewable Term. This is the most pure type of term insurance. The death benefit is always the same but the premiums go up each year that the insured gets older. In policies that decrease, the face amount decreases but the premium is always the same throughout the entire contract. In both level and increasing term policies, the premiums remain the same for the entire policy. All this in mind, with other types of level policies, the premium on the first year would be the same as all other years.</span>
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Bradford, Inc., expects to sell 11,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is
Delvig [45]

Answer:

$231,000

Explanation:

With regards to the above, the total sales would be;

= Number of units Bradford inc. Is expected to sell × Per unit of ceramic vases

Given that;

Units expected to be sold = 11,000

Per unit of ceramic vases = $21

Total sales

= 11,000 units × $21

= $231,000

Since we were asked to get the total sales, we will simply multiply the per units sold with the units expected to be sold. Other information are not useful for the purpose of calculating the total sales.

3 0
3 years ago
If estimated annual factory overhead is $480,000; overhead is applied using direct labor hours; estimated annual direct labor ho
VashaNatasha [74]

Answer:

Undeapplied overhead= $200

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 480,000 / 200,000

Predetermined manufacturing overhead rate= $2.4 per DLH

<u>Now, we can allocate overhead:</u>

<u></u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2.4*17,000

Allocated MOH= $40,800

<u>Finally, the over/under allocation:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 41,000 - 40,800

Undeapplied overhead= $200

4 0
3 years ago
Procter &amp; Gamble, the maker of Crest brand toothpaste, has modified this brand to include whiteners. To encourage consumers
boyakko [2]

Answer: shaping

                                         

Explanation: In simple words, shaping refers to the process under which an organisation tries to manipulate the behavior of potential customers by using different marketing tools.

In the given case, Procter and gamble were giving discount to attract the customers. They were planning to charge full price once the customers get used to of their product. So they were using discount to change the behavior of their potential customers hence they were using shaping.

4 0
3 years ago
A. Examine any legal implications in creating a
s344n2d4d5 [400]

Answer:

gross pay

Explanation:

3 0
4 years ago
Use the following information to answer the questions:
Nostrana [21]

Answer:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

B.) GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

Explanation:

A.) Since the United States has an aging population and thus an expected decline in working population in the future, therefore, increasing the output per worker seems more relevant in the United states than increasing the proportion of working population. Because Mexico on the other hand boasts a youthful population, Mexico can increase its standard of living by either increasing its output per worker or by increasing the proportion of the population that works.

2.). - - - - - - - - - - - - - - - - - - - - - YEAR - - - - - -

------ - - - - - - - - - - - - - - - 2014 - - - - - - - 2015

Population - - - - - - - - - - 1000 - - - - - - - 1000

Employed workers - - - - 400 - - - - - - - - 440

Labor productivity - - - - 2000 - - - - - - - 1900

GDP = Labor productivity × employed pop.

2014 GDP = 2000 × 400 = 800,000

2015 GDP = 1900 × 440 = 836,000

GDP INCREASES.....

STANDARD OF LIVING ALSO INCREASES....

INCREASE IN NUMBER OF EMPLOYED WORKERS HAS GREATER WEIGHT THAN THE DECREASE IN LABOR PRODUCTIVITY

7 0
3 years ago
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