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3 years ago

Insurance offers consumers

2 answers:

4 0

Insurance customers don’t have a complicated need they want to choose from a good selected of policies to then get clear responsible prices.

DerKrebs [107]3 years ago

3 0

Explanation:

insurances customers don't have a complicated need they want to be able to choose from a good selection of policies at a responsible prices they want clear transparent information and their wants more than hassle-free interactions

hope it helps u

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At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is

bija089 [108]

Answer:

Job Direct Materials Direct Labor overhead Total Job cost

Job 765 $6,160 $1,848 $3,366 $11,374

Job 766 $10,944 $3,456 $9,792 $24,192

For Job 765 = $86.167

For Job 765 = $126

Explanation:

Data provided in the question:

Job Direct Materials Direct Labor Machine Hours

Job 765 $6,160 $1,848 22

Job 766 $10,944 $3,456 64

Overhead rate = $153 per hour

Job 765 consisted = 132 units

766 consisted = 192 units

now,

Overhead = Machine Hours × Overhead rate

For Job 765 = 22 × 153

= $3366

For Job 766 = 64 × 153

= $9792

Total job cost i.e balance on the job cost sheets

= Direct Materials + Direct Labor + overhead

Job Direct Materials Direct Labor overhead Total Job cost

Job 765 $6,160 $1,848 $3,366 $11,374

Job 766 $10,944 $3,456 $9,792 $24,192

Cost per unit = [ Total job cost ] ÷ Total units

For Job 765 = $11,374 ÷ 132

= $86.167

For Job 765 = $24,192 ÷ 192

= $126

8 0

4 years ago

If a parcel of land that was originally purchased for $85,000 is offered for sale at $150,000, is assessed for tax purposes at $

Leona [35]

Answer:

Assets and equities both increase by $52,000. No change in liabilities.

Explanation:

The accounting equation gives the relationship between all the items that make up the balance sheet. These are the assets, liabilities and owner's equity.

assets = equity + liabilities

If the parcel of land that was originally purchased for $85,000 and sold for $137,000, the seller would recognize a

Gain on disposal = $137,000 - $85,000

= $52,000

This gain on disposal is an additional income to the seller.

The effect on the accounting equation is that there is a net increase in asset of $52,000 as fixed asset reduces by $85,000 but another asset in form of cash or accounts receivable amounting to $137,000 is recognized. No change happens to the sellers liability.

However, the seller's equity increases as the gain on disposal is an income which would be posted at the end of the year into retained earnings.

In summary, assets and equities both increase by $52,000.

6 0

3 years ago

J&J Materials and Construction Corporation produces mulch and distributes the product by using dump trucks. The company use

lilavasa [31]

Answer:

$3,999.04 F

Explanation:

Calculation to determine the flexible-budget amount for variable manufacturing overhead?

First step is to calculate the Budgeted fleet hours per unit

Budgeted fleet hours per unit = 568 ÷ 710

Budgeted fleet hours per unit = 0.8

Second step is to calculate the Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads

Budgeted fleet hours allowed for 660 truckloads = 660 × 0.8

Budgeted fleet hours allowed for 660 truckloads = 528

Third step is to calculate the Budgeted variable overhead rate per machine hour

Budgeted variable overhead rate per machine hour = $89,460 ÷ 528

Budgeted variable overhead rate per machine hour = $169.43

Fourth step is to calculate the Flexible-budget amount

Flexible-budget amount = 528× $169.43

Flexible-budget amount= $89,459.04

Now let calculate the Flexible-budget variance

Flexible-budget variance = $85,460 − $89,459.04

Flexible-budget variance= $3,999.04 F

Therefore the Flexible-budget variance is $3,999.04 F

4 0

3 years ago

Ryan is a human resource manager at Remfur Inc. The top management of the firm instructs him to recruit employees for the newly

marissa [1.9K]

Answer: Option B

Explanation: In the given case, Remfur inc. specifically wanted their HR Ryan to recruit such employees for the new division that may bought new ideas and perspectives in the company, thus, external source of recruitment should be used by Ryan instead of internal sources like transfer or promotion etc.

Hence, Option B, posting advertisement in the newspaper is the right answer, as the new employees from outside the entity will bring new ideas since the current employees will be used to working in the existing operational structure.

3 0

4 years ago

Compute the payback period for each of these two separate investments: A new operating system for an existing machine is expecte

labwork [276]

Answer:

Project A's payback period = 2.23 years

Project B's payback period = 3.3 years

Explanation:

project A project B

initial investment $290,000 $210,000

useful life 6 years 11 years

yearly cash flow $83,653 + $46,500 $46,000 + $17,727

= $130,153 = $63,727

salvage value $11,000 $15,000

payback period $290,000 / $130,153 $210,000 / $63,727

= 2.23 years = 3.3 years

8 0

3 years ago