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Nitella [24]
3 years ago
13

Al owned a family high-deductible health policy as part of his MSA for the entire year. What is his maximum permitted contributi

on to the MSA in 2020 if his deductible is $5,000?
Business
1 answer:
Arte-miy333 [17]3 years ago
4 0
Well according to my calculations and 20+ yrs of experience in business your answer should be 15,000
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Sheridan Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that
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Answer:

Value of closing inventory = $25771.04

Explanation:

To calculate the value of ending inventory under a periodic average cost method, we will calculate the average price per unit of inventory at the end of the month. To calculate the average price per unit, we simply divide the total cost of the inventory by the total number of units for the month.

Average cost per unit = Total cost of all units for the month / Total units available for the month

<u />

<u>Total cost of all units:</u>

Beginning inventory (485 * 66)            32010

Purchase 1     (725 * 69)                        50025

Purchase 2     (364 * 71)                    <u>    25844</u>

Total                                                       107879

<u>Total Units</u>

Beginning Inventory     485

Purchase 1                     725

Purchase 2                    <u>364</u>

Total                              1574

Average cost per unit =   107879 / 1574

Average cost per unit = $68.54

Units of closing inventory = 1574 - 1198     =   376 units

Value of closing inventory =  376 * 68.54

Value of closing inventory = $25771.04

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Pete's Putters sells each putter for $125. The variable cost is $60 per putter and fixed costs total $400,000. Based on this inf
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Based on this information $380,000

<h3>What is information?</h3>

Data is processed, organized, and structured. It contextualizes data and facilitates decision-making processes. A single customer's sale at a restaurant, for example, is data; this becomes information when the business can identify the most popular or least popular dish.

Facts and text features such as a table of contents, pictures, captions, bold print, and a glossary are examples of informational text characteristics. These characteristics assist the reader in finding information, supplementing information presented in text, drawing the reader's attention to key words, and explaining what words mean.

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