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Simora [160]
3 years ago
10

Meredith, the General Manager at Gladfle Inc., is planning to use certain new strategies to control and reduce the health care b

enefit costs to her company. What should she include in her list of strategies?
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
7 0

Answer:

Switching to consumer driven health plans

Explanation:

Meridith should include switching to consumer driven health plans in her list of strategies since she is trying to reduce health care benefits costs.

A consumer-driven health plan allows the workers in an organization, it could be both employers and their employees, to put aside amounts of money usually pre-tax money, which could be used to pay for qualified medical expenses not covered by their health plan.

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Mr. Morgan earns $38,000 a year as a salesperson and a 5% commission on all his sales. He has a mortgage of $910 a month and pay
Semmy [17]

Answer:

the mortgage.

Explanation:

5 0
3 years ago
Read 2 more answers
What is a consumer product?
liraira [26]

Answer:

Final Good

Products that are bought by individuals or households for personal use.

3 0
2 years ago
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Fox Co. had 120,000 shares of common stock outstanding at January 1. On July 31, it issued 60,000 additional shares of common st
balu736 [363]

Answer:

180 000 common stock shares outstanding

Explanation:

preference shares are not used in calculating earning per share. Earning per share is the part of the firm's profit that is attributed to common stock shares. It is an indicator of financial strength of a company. It also shows the intrinsic value of the company's shares. This can be used to determine if a share is overvalued or under valued in the equity market.

The company  has 120, 000 common stock shares and issued additional 20,000 common stock shares totaling 180,000 common stock shares.

8 0
3 years ago
White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermin
NeX [460]

Answer:

1. Cutting Department = $8.99 per machine hour and Finishing Department = $11.53 per direct labor hour.

2. The  total manufacturing overhead cost assigned to Job 203 is $2,058.46.

3. Yes. Plant wide pre-determined overhead rate does not consider the cost driver in the departments involved.

Explanation:

<em>Predetermined overhead rate = Budgeted Overheads / Budgeted Activity</em>

Cutting Department = $390,000 / 43,400

                                 = $8.99 per machine hour

Finishing Department = $496,000 / 43,000

                                    = $11.53 per direct labor hour

<u>Total manufacturing overhead cost assigned to Job 203.</u>

Direct materials

Cutting Department                             $ 745.00

Finishing Department                          $ 370 .00

Direct labor costs

Cutting Department                              $ 43.00

Finishing Department                          $ 210.00

Variable manufacturing overhead

Cutting Department ($2.00 × 43)         $86.00

Finishing Department ($2.00 × 4)          $8.00

Variable manufacturing overhead

Cutting Department ($3.75 × 3)              $11.25

Finishing Department ($3.75 × 13)        $48.75

Fixed manufacturing overhead

Cutting Department ($8.99 × 43)        $386.57

Finishing Department ($11.53 × 13)       $149.89

Total                                                   $2,058.46

5 0
3 years ago
The cost object in a job order system is the ______ and the cost object in a process costing system is the ______.
nordsb [41]

Answer:

The correct word for the blank space is: specific job; process.

Explanation:

The cost object represents the cost of an object or department for which that cost is assigned. For instance, the repairs department of a dealership is a cost object of the repairs employees and the repair supplies. Cost objects are usually traceable thus are treated as direct costs for accounting purposes.

Then, <em>the cost object of a job order is the specific job assigned</em>; <em>while the cost object of a process costing system is the process </em>itself.

6 0
3 years ago
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