<span>The answer is D. Major medical insurance.</span>
This usually covers all healthcare including prescription
medicine and out-patient costs and even other services like physical therapy
and mental health. Unlike basic health care, this kind of insurance sets a limit
on your medical expenses, even if you have very costly treatment.
Answer:
$3,260
Explanation:
Preparation of December statement of cash flows for Ernst Consulting
ERNST CONSULTING Income Statement
For Month Ended October 31
REVENUES
Consulting fees earned $17,450
Total revenues $17,450
EXPENSES
Rent expense $4,530
Salaries expense $8,090
Telephone expense $880
Miscellaneous expenses $690
Total expenses $14,190
Net income $3,260
($17,450-$14,190)
Therefore December statement of cash flows for Ernst Consulting will be $3,260
Answer:
Pretty sure its a I am not sure however
Explanation:
Answer: A. the firm could produce 3 more units of output if it increased its use of capital by one unit (holding labor constant).
Explanation:
The Marginal Rate of Technical Substitution(MRTS) is calculated as follows:
= Marginal product of labor / Marginal product of capital
= 1 / 3
Marginal product of labor = 1
Marginal product of capital = 3
This means that if one unit of labor is used, it produces 1 unit of output.
If one unit of capital is used however, it produces 3 units of output.
If a firm therefore used one unit of capital and kept labor constant, it could produce 3 units out output.
Answer:
c) $40,000 to buy the part
Explanation:
For computing the better off first we have to compute the per unit cost which is shown below:
= Direct material per unit + Direct labor per unit + variable overhead + applied variable overhead
= $12 + $25 + $13 + $30 × 30%
= $12 + $25 + $13 + $9
= $59
The difference cost would be
= $59 - $55
= $4
Now the better off would be
= Number of units × difference cost
= 10,000 units × $4
= $40,000
