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True [87]
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:
MaRussiya [10]3 years ago
6 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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If fixed costs are $750,000 and variable costs are 60% of sales, what is the break-even point in sales dollars?
nlexa [21]

Answer:

$1,875,000

Explanation:

Break even point in sales = Fixed cost / Contribution margin ratio

When Contribution margin ratio = 100% - Variable cost ratio

Contribution margin ratio = 100% - 60%

Contribution margin ratio = 40%

Break even point in sales = $750,000 / 40%

= $1,875,000

4 0
3 years ago
Daniel, Steven, and Chris work as engineers in Connecticut. The demand for engineers starts to decline as their company’s profit
EleoNora [17]

Answer:

cyclically unemployed

Explanation:

The cyclically unemployed refers to the situation when the economy is in recession period that directly impacts the profits of the company

In the given situation, since Daniel, Steven, and Chris work as engineers in Connecticut. Due to the recession, the company profit is declining that results in a decrease in the demand of the engineers.

Therefore this situation represents the cyclically unemployed

7 0
4 years ago
Bike Atlanta currently produces 1,000 axles per month. The following per unit data apply for sales to regular customers: Direct
Ad libitum [116K]

Answer:

The total cost of producing 3,000 axles is $255,000

Explanation:

The computation of the total cost is shown below:

= Total per unit manufacturing costs × total number of axles produced

= $85 × 3,000 axles

= $255,000

The total manufacturing includes all costs such as Direct materials, direct manufacturing labor, Variable manufacturing overhead and, Fixed manufacturing overhead.

5 0
3 years ago
Suppose that $ 5 000 is invested at 3.9 % annual interest​ rate, compounded monthly. How much money will be in the account in​ (
BlackZzzverrR [31]

Answer:

(A) $5,131.5

(B) $12,729.5

Explanation:

The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.

As per given data

Invested amount = $5,000

Interest rate = 3.9%

Interest is compounded monthly

Monthly rate = 3.9% / 12 = 0.325%

Formula for the accumulated amount of investment

A = P ( 1 + r )^n

Accumulated Money when $5,000 is

(A) Invested for 8 months

A =  $5,000 ( 1 + 0.325% ) ^8

A = $5,131.5

(b) Invested for 24 years or 288 months (24 x 12)

A =  $5,000 ( 1 + 0.325% ) ^288

A = $12,729.5

4 0
3 years ago
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Hitman42 [59]
Why can’t i c o o l ww man
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