In this case, as long as the patient has met their annual deductable and out of pocket max, they will not have to pay for the visit themselves. Their insurance will take over and pay for the service. Since Medicare allows $95 for the service, they will post $95 as paid to the patients account.
Answer:
1. $3,380
2. $2,175
Explanation:
Part 1
Predetermined overhead rate = Total Overheads for the Company ÷ Total Direct labor-hours for the Company
= $ 15,080,000 ÷ 232,000
= $65
Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) = $3,380
Part 2
<em>Assembly department</em>
Predetermined overhead rate = $ 7,250,000 ÷ 145,000
= $50
<em>Assembly department</em>
Predetermined overhead rate = $ 7,830,000 ÷ 290,000
= $27
Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175
Answer:
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Answer:
The correct option is C,$500
Explanation:
The amount of interest accrual is the interest on the sum borrowed from October 1 2016 to 31 December 2016,that is 3 months of interest,which is computed below:
Accrued interest =principal*stated interest rate*number of accrued months/12
principal is $25,000
stated interest is 8%
number of accrued months is 3
accrued interest =$25,000*8%*3/12=$500
The accrued interest is to be debited interest expense because it is an increase in expense and credited to interest payable as a liability
Answer:
$339,600
Explanation:
The internal rate of return is the relationship between the price of the equipment and their yearly cash flow. the IRR makes the net present value equal to zero thus, it makes the present value of the yearly cashflow equal to the cost:
C 60,000.00
time 12
rate 0.14
PV $339,617.5275
<em><u>From the given option:</u></em>
$ 339,600 is the closest option.
