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almond37 [142]
3 years ago
10

Your company's health insurance plan costs $585 per employee per month. There are 64 employees. Another health insurance company

would charge 10 percent less. What would be the total savings per year? need help asap
Business
1 answer:
Novay_Z [31]3 years ago
5 0

Answer:

$44, 928

Explanation:

There are 64 employees in the company.

each employee costs $585 per month.

The total cost for all 64 employees per month will be

=64 x $585

=$37,440

The annual expenditure of employees insurance

= Monthly costs  x 12

=$37,440 x 12

=$449,280

A 10 percent savings will be

=10/100 x $449,280

=$44, 928

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$1,700,000

Explanation:

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By deducting the allowance for doubtful debts from the account receivable we can get the net account receivable or the cash realizable value

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Diversification should therefore be into an area that will be able to match-up with the company's present businesses such that its businesses can perform better together than apart and produce even greater returns.

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3 years ago
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Answer and Explanation:

The preparation of the production budget  and The total required production for the year is as follows

<u>                                                   One Device </u>

<u>                                                   Production budget</u>

<u>                                               For the first four months</u>

<u>Particulars        Jan             Feb             Mar            April              Year</u>

Expected

unit sales          500 units    800 units   450 units  550 units    

Add:

Ending

inventory          160 units     90 units      110 units   120 units

     ($800 × 20%)     ($450 × 20%)    ($550 × 20%)     ($600 × 20%)

Total

required units  660 units    890 units     560 units  670 units

Less:

Beginning

inventory         100 units      160 units     90 units       110 units

       ($500 × 20%)  ($800 × 20%)  ($450 × 20%)    ($550 × 20%)  

Required

production

units                 560 units     730 units     470 units     560 units     2,320 units

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