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Morgarella [4.7K]
2 years ago
5

StayWell Health Insurance is offering a plan with a monthly premium of $250, a

Business
1 answer:
VARVARA [1.3K]2 years ago
4 0

The most Sheldon should pay in one calendar year is $9,750

Deductible is a term used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.

Given that :

Premium = $250

Deductible = $3500

Maximum out-of-pocket expenses = $6000.

Then, the maximum he should pay in one calendar year is:

= $250 + $3,500 + $6,000

= $9,750

Therefore, the maximum he should pay in one calendar year is $9,750

Learn more about insurance plan here : brainly.com/question/25676329

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The answer to the question is c

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Productivity is declining when: A) the number of hours worked exceeds the number of workers. B) population growth exceeds real G
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Explanation:

Gross domestic growth(GDP) is the monetary value of all finished goods and services done within in a country over a period of time. When the population of a country exceeds what it produces there would be record in decline in productivity of the country. This is a serious problem as it could lead to other factors as scarcity(having high demand and low supply), it could lead to poverty as there won't be much jobs as production is not commensurate with population.

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Blueberry Baking Company produced 5,500 cakes that require 3 standard pounds per unit at a $3 standard price per pound. The comp
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Answer:

Dr. Work in process                  $49,500

Dr. Material Quantity Variance $4,500

Cr. Raw material Inventory        $49,500

Explanation:

First we need to calculate the Material usage variance

Standard Material = 5,500 cakes x 3 pounds = 16,500 pounds

Standard cost of Standard Material = 16,500 pounds x $3 = $49,500

Actual usage at standard cost = 16,650 pounds x $3 = $49,950

Material usage Variance = $49,950 - $49,500 = $450 unfavorable

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3 years ago
Assume that you inherited some money. A friend of yours is working as an unpaid intern at a local brokerage firm, and her boss i
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Decision : It is not good invest as it offers at $925 whereas your bank deposit cost $893.16 for same return.

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Detailed calculations are carried out in the attachment below.

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For a perfectly competitive firm, which of the following is not true at profit maximization?a. Total revenue minus total cost is
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Answer: Option (d) is correct.

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In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.

At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.

Therefore, option (d) is not true.

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