Answer:
$248,500
Explanation:
Variable overhead applied to production = Actual units produced * Variable overhead hours * Variable overhead hourly rate = 7,100 * 5 * $7 = $248,500
Therefore, the amount of variable overhead that Match Point applied to production is $248,500.
Universal life is a whole life policy that combines __term___- life insurance and __investment__ elements.
<h3><u>Universal Life Insurance: What Is It?</u></h3>
Permanent life insurance includes universal life insurance. If the insured person has a universal life insurance policy, they are <u>protected</u> for the rest of their lives as long as they continue to pay their payments and adhere to all other policy conditions. Universal life insurance combines lifelong protection with a savings element, known as "cash value," like many permanent life policies. The death benefit of the policy is distributed to your beneficiaries after your passing.
<h3><u /></h3><h3><u>What advantages does universal life insurance offer?</u></h3>
In addition to providing everlasting protection, universal life insurance has the following extra features:
- The cash value of the policy may be withdrawn or used as collateral for a loan.
- You receive interest on your cash value.
- Premiums are flexible for you.
- A death benefit is a movable object.
Learn more about insurance with the help of the given link:
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Answer:b. It shifts to the left
Explanation:
The supply will increases as price increases and vice versa. When the price increases and supply also increases the supply curves shifts to the right and when the price decreases and supply equally decreases supply curves shifts to the left.
In the above scenario since bracelet and necklace are exclusive products the sellers will be willing to supply more of necklace since the price has increased and less of bracelet since the price has fallen and the fall in price which leads to fall in supply of bracelet will shift bracelet supply curves to the left.
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.