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3 years ago

What is the name given to the person whose risk is covered?

Business

1 answer:

Iteru [2.4K]3 years ago

8 0

The insured is the person whose life is being covered against the risk under the policy.

You might be interested in

Why do pre-construction and design specialists typically take an interdisciplinary approach to their work?

jeka94

Pre-construction is the initial step of project management. It involves planning a construction project before the actual construction begins in order to estimate the total budget for the project. The specialists that work in this area usually take multidisciplinary approach to their work because, the work is multi facet and required different types of skills.

3 0

3 years ago

Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of u

harkovskaia [24]

Answer:

Unitary cost= $1.83

Explanation:

First, we need to calculate the allocation rates:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Production setups= 82,000/20= $4,100 per setup

Material handling= 48,000/80= $600 per part

Packaging costs= 130,000/130,000= $1 per unit

Now, we allocate cost to Product M:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Production setups= 4,100*8= 32,800

Material handling= 600*56= 33,600

Packaging costs= 1*80,000= 80,000

Total= $146,400

Finally, the unitary cost:

Unitary cost= 146,400 / 80,000

Unitary cost= $1.83

6 0

3 years ago

Category of cost not associated from the extension of credit and accounts receivable is

creativ13 [48]

Answer:

A.Capital costs

Explanation:

please make me as brainlist

3 0

3 years ago

The following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:

nikdorinn [45]

Full question attached

Answer and Explanation:

Please find attached

3 0

4 years ago

Lamping, Inc., is considering the purchase of a machine that would cost $520,000 and would last for 7 years, at the end of which

balu736 [363]

Answer:

Lamping, Inc.

The net present value of the project is:

= ($22,544)

Explanation:

a) Data and Calculations:

Cost of machine = $520,000

Useful life of machine = 7 years

Salvage value = $52,000

Cost savings = $112,000 per year

Initial working capital $6,000

Recovered working capital = $6,000

Minimum required pretax return = 14%

PV of initial costs = $526,000 ($520,000 + $6,000)

PV of costing savings (annuity) = $480,256 ($112,000 * 4.288)

PV of salvage and recovered working capital = $23,200 ($58,000 * 0.400)

Total savings/benefits = $503,456 ($480,256 + $23,200)

NPV = ($22,544)

3 0

3 years ago