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Answer:
The health care industry is heavily regulated by federal and state legislation. Regulation plays a major role in the health care industry and health care insurance coverage. The various regulatory bodies protect the public from a number of health risks and provide numerous programs for public health and welfare.
Answer:
Seven
Explanation:
The correct answer to the given question is 7. The comedy club has a monopoly that is why the entrants are price discriminated and the maximum willingness to pay is charged by each customer. However the data shows that seven customers are willing to pay different prices for the entry to the comedy club. So the correct answer is 7 tickets which can be sold when price discriminating.
Answer:
See below
Explanation:
A. Cost of goods manufactured
Beginning work in process
$18,000
Add: Beginning raw materials
$26,000
Raw material purchases
$73,000
Less: Ending raw material
($22,000)
Add: direct labor cost
$93,000
Add: manufacturing overhead cost applied
$43,100
Less: Ending work in process
($11,000)
Balance
$220,100
B. Schedule of cost of goods sold
Beginning finished goods
$49,000
Add: cost of goods manufactured
$220,100
Less: Ending finished goods
($57,000)
Unadjusted COGS
$212,100
Add: Under applied MOH
$1,100
Adjusted COGS
$213,200