An organization that regularly provides a standardized set of data on a periodic basis to its subscribers is called a _____

BBB Auto Club provides emergency road service and other services to its members. BBB Auto Club charges a higher membership fee t

Oksanka [162]

Answer: Adverse selection

Explanation: In simple words, adverse selection refers to an insurance problem in which the buyer and seller of the insurance do not have same information. This occurs when the buyer deliberately hide some material facts from the insurance company.

In the given case, The company is charging more from new customers because they have perception that they take their services only when it is highly probable they have to use that.

Hence from the above we can conclude that the correct option is B.

8 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:

First, we need to calculate the predetermined overhead rate:

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

Now, we can allocate overhead:

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

Allocated MOH= 2.4*17,000

Allocated MOH= $40,800

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

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

Undeapplied overhead= $200

4 0

3 years ago

Wats a different way to say "measure the area and cut flooring material to fit"

agasfer [191]

i think squaring away

8 0

3 years ago

Flaxco purchases inventory from overseas and incurs the following costs: the cost of the merchandise is $50,000, credit terms ar

erastovalidia [21]

Answer:

$52,000

Explanation:

The computation of the cost of inventory is shown below:

= Cost of merchandise + freight charges + insurance during transit + import duties - discount

= $50,000 + $1,500 + $500 + $1,000 - $1,000

= $52,000

The discount is computed below:

= Cost of merchandise × given percentage

= $50,000 × 2%

= $1,000

The advertising and the sales commission should not be considered. Hence, ignored it

6 0

4 years ago

Stu's Mellow Meter Miser (MMM) has recently experienced a sales decline due to the entry of a lower-priced competitor, Kelly's C

qaws [65]

Answer:

New York Times (NYT) Cost per Thousand Impressions (CPM):

Cost per Thousand Impressions = Advertisement Cost / (Impressions / 1000)

Cost per Thousand Impressions = $12,000 / (251,000 /1000)

Cost per Thousand Impressions = $12,000 / 251

Cost per Thousand Impressions = $47.8

NYT CPM for College Professors:

Impressions generated = 251,000 × 11%

Impressions generated = 27610

CPM = Advertisement Cost / (Impressions / 1000)

CPM = $12,000 / (27610 / 1000)

CPM = $12,000 / 27.61

CPM = $434.6

7 0

3 years ago

An organization that regularly provides a standardized set of data on a periodic basis to its subscribers is called a ______.