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1 year ago

Which best compares and contrasts Business Financial Management and Insurance Services?

Business

2 answers:

Firdavs [7]1 year ago

7 0

Answer:

The answer is A

Explanation:

Got it right on EDG

zheka24 [161]1 year ago

4 0

B would be the correct answer i believe

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A competitive car wash currently hires 4 workers, who together can wash 80 cars per day. The market price of car washes is $5 pe

DENIUS [597]

Answer:

Number of car washed is 92

So option (a) is correct answer

Explanation:

It is given that 4 workers can wash 80 cars per day

Means initially 80 cars are washed per day

And it is given that rate of car wash is $5 per car

Now price of workers is $60 per day

As per car wash is $5

So number of extra car washed $=\frac{60}{5}=12$

So total number of car washed = 80 + 12 = 92 cars per day

So option (a) is correct answer

7 0

2 years ago

g The Nite Lite Factory produces two products - small lamps and desk lamps. It has two separate departments - finishing and prod

almond37 [142]

Answer:

$7.20

Explanation:

Given the following :

FINISHING department :

overhead budget = $550,000

direct labor HOURS = 500,000

PRODUCTION department :

overhead budget = $400,000

direct labor hours = 80,000

Predetermined allocation rate for finishing department :

Overhead / allocation base = ($550,000 / 500,000) = $1.10 per direct labor hour

Predetermined allocation rate for production department :

Overhead / allocation base = ($400,000 / 80,000) = $5 per direct labor hour

If the budget estimates that a desk lamp will require 2 hours of finishing and 1 hour of production:

Finishing department :

(2 × Predetermined allocation rate for finishing department)

= (2 × $1.10) = $2.20

Production :

(1 × Predetermined allocation rate for production department)

= (1 × $5). = $5

Total = ($2.20 + $5) = $7.20

3 0

1 year ago

Geraldine was injured in a car accident, and the insurance company has offered her the choice of $25,000 per year for 15 years,

erma4kov [3.2K]

Answer:

Explanation:

Present value of annuity due = (1+interest rate)*Annuity[1-(1+interest rate)^ -time period]/rate

=(1+0.075)*25000*[1-(1.075)^-15]/0.075

=$25000*9.489153726

=$237,228.84

7 0

1 year ago

Determinant Company is a price-taker and uses a target-pricing approach. Refer to the following information: Production volum

Maru [420]

Answer: good day!

Explanation: you’re awesome

3 0

2 years ago

The standard cost of product 777 includes 2.0 units of direct materials at $6.00 per unit. During August, the company bought 29,

AfilCa [17]

Answer and Explanation:

The computation is shown below:

Total material variance = Actual quantity × Actual rate - Standard quantity × Standard rate

= 29000 × $6.3 - (16,000 units × 2) × $6

= $182,700 - $192,000

= - $9,300 favorable

Material price variance = Actual quantity × Actual price - Actual quantity × Standard price

= (29,000 units × $6.3) - (29,000 units × $6)

= $182,700 - $174,000

= $8,700 unfavorable

Material quantity variance = Standard quantity × Actual quantity - Standard rate × Standard quantity

= $6 × 29,000 units - $6 × (16,000 units × 2)

= $174,000 - $192,000

= -$18,000 favorable

The favorable is when the standard cost is more than the actual one while the unfavorable is when the standard cost is less than the actual one

8 0

1 year ago