<span>cam therapy that Americans have come to rely on heavily for the treatment of musculoskeletal problems and that many insurance companies will now cover is: </span><span>chiropractic medicine.
Chiropractic medicine is a form of alternative medicine that is used for treatment in the mechanical disorder of the musculoskeletal system. Over the past few years, many researches proved that this form of treatment is actually effective and could be depended on, making the insurance companies able to cover it.
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Answer:
$27,000
Explanation:
The following costs were incurred by Smith's company during the month of March
Direct labor $53,000
Indirect labor 18,000
Salary of corporate vice president for advertising 25,000
Direct materials 48,000
Indirect materials 4,000
Interest expense 7,500
Salary of factory supervisor 3,000 Insurance on manufacturing equipment 2,000
Therefore the actual manufacturing overhead for March can be calculated as follows
= Indirect labour + indirect materials + salary of factory supervisor + insurance on manufacturing equipments
= $18,000 + $4,000 + $3,000 + $2,000
= $27,000
Hence the actual manufacturing overhead for March is $27,000
Answer:
1. decrease by $62,200 per month
Explanation:
Fixed Cost savings (FC) from discontinuing product A = $102,000 - $73,000 = $29,000
Variable Cost of 15,200 of product A:
Revenue from selling 15,200 units of product A:
The change in net income is:
The company's overall net operating income would decrease by $62,200 per month
Answer:
•Filing for bankruptcy can eliminate debt.
•A major consequence of bankruptcy is that it can harm an individual's chances of receiving additional credit.
Explanation:
Bankruptcy can be defined in three ways.
1. Bankruptcy involves restructuring debts owed by a debtor inorder to be able to pay them. In other words, debtors would file for bankruptcy if they want more time to have their debts restructured(having a payment plan). This gives them another opportunity to pay up their debts.
2. Bankruptcy is when a company sell off it's assets or liquidate them inorder to pay up the debts owed to creditors.
3. Bankruptcy is when an individual who earns wages or has steady source of income is allowed to have a payment plan in order to pay part of his or her debt.
In the above defined bankruptcy options, the chances of getting additional credit after paying up the initial is low. The reason is that these debts would reflect in the credit report of would be borrower in the future hence pose a red flag to organizations that would grant the credit.
It is important for individuals or companies to manage their credit efficiently. Though filing for bankruptcy can eliminate debt, the major future consequence of it is that it can harm an individual's chances of receiving additional credit.
