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3 years ago

Difference between insurance and assurance

Business

1 answer:

Vinil7 [7]3 years ago

8 0

Assurance is to make sure of something and insurance is to keep the security or safety of something

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Hermansen Corporation produces large commercial doors for warehouses and other facilities. In the most recent month, the company

timurjin [86]

Answer:

Variable overhead efficiency variance = $2,212unfavorable

Explanation:

variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance

Hours

5,400 units should have taken (5,400×3.8 hours) 20,520

but did take 20,800

Labour hours variance 280 unfavorable

Standard variable overhead rate × $ 7.90 per hour

Variable overhead efficiency variance $2,212 unfavorable

Variable overhead efficiency variance = $2,212unfavorable

8 0

3 years ago

Describe a social enterprise

adelina 88 [10]

A social enterprise is a business that tries to solve

social problems, improve people’s lives, or the environment.

Social enterprises are businesses. They produce goods and services that earn money and make profits like any business but they are working to make a bigger difference, reinvesting the profits they make to do more good.

8 0

3 years ago

The degree of pretax cash flow operating leverage at Rackit Corporation is 2.7 when it sells 100,000 units of its new tennis rac

coldgirl [10]

Answer:

the fixed costs for Rackit Corporation is $161,500.

Explanation:

Cash Flow DOL = 1 + Fixed Cost / EBITDA

2.7 = 1 + Fixed Cost / 95,000

1.7 = Fixed Cost / 95,000

Fixed Cost = $161,500

Therefore, the fixed costs for Rackit Corporation is $161,500.

4 0

3 years ago

A summary of cash flows for Adventure Travel Service for the year ended April 30, 2019, follows:

zalisa [80]

Answer:

Adventure Travel Service

Statement of cash flows for the year ended April 30, 2019

Cash flow from Operating Activities

Cash receipts from customers $2,080,000

Cash payments for operating expenses ($1,706,000)

Net Cash from Operating Activities $374,000

Cash flow from Investing Activities

Purchase of land ($400,000)

Net Cash from Investing Activities ($400,000)

Cash flow from Financing Activities

Cash receipt from owner as investment $60,000

Drawings ($40,000)

Net Cash from Financing Activities $20,000

Movement in Cash and Cash Equivalents ($6,000)

Beginning Cash and Cash Equivalents $203,000

Ending Cash and Cash Equivalents $197,000

Explanation:

The Statement of Cash flows shows the results of cash from the following sources : Cashflow from Operating Activities, Cashflow from Investing Activities and Cashflow from Financing Activities.

4 0

2 years ago

Should i study buisness like is it hard

Len [333]

Answer:

idk, just go for it if its wut u want

Explanation:

8 0

3 years ago