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3 years ago

According to the video, which tasks do Insurance Underwriters perform? Check all that apply.

Business

2 answers:

Alja [10]3 years ago

5 0

Answer:ok the answer is B C E and who ever deleted my answer can fight me

Explanation:

zhannawk [14.2K]3 years ago

3 0

Answer:

We can't answer it without the video, maybe put a link to the video

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Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-

ddd [48]

Answer:

$11,000 under applied

Explanation:

To compute the under or over applied overhead, we need to find out the predetermined overhead rate

Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours

= $4,100,000 ÷ 500,000

= $8.2

Then, the overhead applied is;

= Actual machine hours × Predetermined overhead rate

= 495,000 × $8.2

= $4,059,000

Now, the under applied or over applied overhead is

= Actual annual overhead cost - Applied overhead

= $4,070,000 - $4,059,000

= $11,000 under applied

3 0

3 years ago

Mr. Fred Mitchell is requesting the birth record for Amy, his birth daughter. Mr. and Mrs. Mitchell gave Amy up for adoption fou

Natali [406]

Answer: No you should not

Explanation:

Mr. and Mrs. Mitchell gave Amy up for adoption four years ago and in effect legally voided their guardianship of her. As far as the law is concerned, they are no longer Amy's parents. As such, Mr Fred Mitchell requesting for information on the girl is akin to a stranger doing the same and so cannot be honored, at least not without the consent of the new parents.

4 0

3 years ago

Hardware restoration reports net sales of $50,000. if sales returns and allowances are $10,000 and sales discounts are $1,500, w

Sunny_sXe [5.5K]

The gross sales will be given by:
Gross sales=(net sales)+(sales returns)+(discount)
net sales=$50000-
Return inwards(sales returns)=$ 10000
Discount=$ 1500
Thus;
Gross Sales=50000+10000+1500
=61,500
The answer is B. $61,500

8 0

3 years ago

Winter Gear, Inc. business on January 1, 20X1. The company used the actual write-off of the receivable for the recorded bad debt

ahrayia [7]

Answer:

The deferred value of the tax is $3,768

Explanation:

As per the book, the debt is given as 2% of the Credit sales thus

Credit sales * 2% = 678000 * 2% = $13,560

As per the data, the write off for the tax payment is given as

Actual write off = $1,000

Now the tax rate is given as 30%

So the deferred tax asset is given as

Deferred tax asset for 20x1 =(Debt-Writeoff)*Rate

Deferred tax asset for 20x1 = (13560 - 1000) * 30% = $3,768

Deferred tax asset for 20x1 = $3,768

8 0

3 years ago

Read 2 more answers

If the United States wanted to reduce the cost of its goods in foreign markets, it could ________ its currency.

Kruka [31]

Answer:

Devalue its currency

Explanation:

Exchange Rate is the conversion rate of domestic & foreign currency.

Eg $1 = _ € .

Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.

Eg : $1 = 5€ - change to - $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.

However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.

3 0

4 years ago