answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
algol [13]
2 years ago
3

Mrs. wu was primarily a homemaker and employed in jobs that provided taxable income only sporadically. her husband worked full-t

ime throughout his long career. she has heard that to qualify for medicare part a she has to have worked and paid medicare taxes for a sufficient time. what should you tell her?
Business
1 answer:
Rainbow [258]2 years ago
7 0
<span>Since her husband worked full-time throughout his long career and paid Medicare taxes during the entire time he was working, she will automatically qualify for Medicare Part A without having to pay any premiums. She can contact the customer support persons of Medicare for further assistance.</span>
You might be interested in
You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
Alchen [17]

Answer:

Future value= $151,018.51

Explanation:

Future value of money measures how much a present amount of money will be in the future at a given interest rate.

The interest gained on money shows the time value of money. One dollar today is less than one dollar in one year's time

The formula for future value is

Future value = Present value * (1 + rate)^time

As we have two periods in this case (10 years and 20 years)

Future value = Present value * {(1 + rate1)^time1} * {(1 + rate2)^time2}

Future value = 12,500 * {(1 + 0.07)^10} * {(1 + 0.095)^20}

Future value= $151,018.51

4 0
2 years ago
Hassock Corp. produces woven wall hangings. It takes 2 hours of direct labor to produce a single wall hanging. Hassock’s standar
Anastasy [175]

Answer:

Direct labor rate variance= $3,630 favorable

Explanation:

Giving the following information:

Standard production= 2 hours per unit

Standard labor cost= 14 per hour.

During August, Hassock produced 12,000 units and used 24,200 hours of direct labor at a total cost of $335,100.

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 335,100/24,200= $13.85

Direct labor rate variance= (14 - 13.85)*24,200= $3,630 favorable

6 0
2 years ago
Many manufacturers have quality control programs that include inspection of incoming materials for defects. Suppose a computer m
zimovet [89]

Answer:

Explanation:

There are total 5 batches and two boards are selected from each batch for inspection.

Let the boards are numbered from 1 to 5.

If the selected boards are 1 and 2, then it is represented in pair as (1, 2).

If the selected boards are 1 and 3, then it is represented in pair as (1, 3).

Similarly, other pairs can be obtained.

a) Let X be the number of defective boards observed among the two inspected.

If the boards 1 and 2 are the only defective boards in a lot of five, then

(1,2),x=2; (1,3),x=1; (1,4),x=1; (1,5),x=1;

(2,3),x=1; (2,4),x=1; (2,5),x=1;

(3,4),x=0;\ (3,5),x=0;\ (4,5),x=0.(3,4),x=0; (3,5),x=0; (4,5),x=0.

P(X=0)=  3/10 =0.3

P(X=1)={6 \over 10}=0.6P(X=1)=  6/10 =0.6

P(X=2)={1 \over 10}=0.1P(X=2)=  1/10 =0.1

b)

x                  0               1                    2

p(x)            0.3           0.6                0.1

​

​μ  X  =0⋅0.3+1⋅0.6+2⋅0.1=0.8

σ  X ² =(0−0.8)²  ⋅0.3+(1−0.8)²  ⋅0.6+(2−0.8)² ⋅0.1=0.36

μₓ=0.8, σX  =0.6

 

​

5 0
2 years ago
Raj opens up a lemonade stand for two hours. He spends $10 for ingredients and sells $60 worth of lemonade. In the same two hour
prisoha [69]

Answer:

Accounting profit = $50

Economic profit = $10

Explanation:

Accounting profit = Revenue - Explicit cost

 $60 - $10 = $50

Economic profit = Accounting profit - Opportunity cost

$50 - $40 = $10

I hope my answer helps you

6 0
2 years ago
On November 15, 20X3, Chow Inc., a U.S. company, ordered merchandise FOB shipping point from a German company for €200,000. The
Marizza181 [45]

Answer:

$4,000 gain

Explanation:

Some information was missing:

the spot rates for euros were:

  • November 15, 20X3 $0.4955  per €1
  • December 10, 20X3 $0.4875  per €1
  • December 31, 20X3  $0.4675  per €1
  • January 10, 20X4 $0.4475  per €1

In Chow's December 31, 20X3, income statement, the foreign exchange gain is ?

the goods costed €200,000 x 0.4875 = $97,500 on December 10, 20x3

the goods costed €200,000 x 0.4675 = $93,500 on December 31, 20x3

Since the goods were sold FOB shipping point, we have to use the shipping date (December 10) to calculate the original price. By December 31, the price in US dollars had decreased by $4,000 resulting in a foreign exchange gain.

4 0
2 years ago
Other questions:
  • A group of 72 people travel to the beach for a clean-up day. some of the people bring their own supplies (such as gloves, water,
    9·2 answers
  • _______ allows you to convert text to a graphic element.
    14·2 answers
  • On December 31, 2017, Dow Steel Corporation had 770,000 shares of common stock and 47,000 shares of 9%, noncumulative, nonconver
    5·1 answer
  • Sue hired an attorney to help her draft a purchase and sale agreement for her new home. The home is an example of a product that
    15·1 answer
  • An import quota is an example of a _________.A. tax on imported goods. B. quantity restriction. C. price floor. D. price ceiling
    7·1 answer
  • Kristie is a 30% partner in the KKM Partnership. During the current year, KKM reported gross receipts of $280,000 and a charitab
    8·1 answer
  • "question 1: a bank with a two-year investment horizon has issued a one-year certificate of deposit for $50 million at an intere
    9·2 answers
  • A vacuum manufacturer has prepared the following cost data for manufacturing one of its engine components based on the annual pr
    10·1 answer
  • We made a distinction between pro-business policies and pro-market policies. Which of the following is a way to put that distinc
    11·1 answer
  • The question, "What are the distinguishing characteristics of effective leaders?" sparked which approach to the study of leaders
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!