Answer: Deductible
Explanation:
Deductible is a specified amount of money an insured individual must pay before an insurance company will pay a claim.
It should be noted that in insurance policy, deductible simply refers to the amount that is paid by the insured before the expenses incurred by the person will be paid by the insurance company.
For example, is there is a $3000 deductible for a particular plan. One has to pay the $3000 first before before the insurance company settles other things.
The inventory costing method that results in the lowest taxable income in a period of rising costs is: ____________
a. lifo method.
b. fifo method.
c.
d. weighted-average cost method.
e. specific identification method. gross profit method.
The inventory costing method that results in the lowest taxable income in a period is known as: the Fifo Method.
What is an Inventory?
An inventory is the goods and materials owned by an organization for the purpose of utilization or the ultimate goal of reselling them for profits. They can also be seen as the complete list of items in an organization.
The Fifo method is a type of inventory costing method that results in the lowest taxable income in a period of rising cost. It is an efficient method of inventory costing.
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Because he mistakenly believes that older workers are not as motivated to work hard as younger workers, a factory foreman is especially vigilant for signs of laziness among his senior employees. His supervision strategy of seeking out evidence to support his belief that older workers are lazy best illustrates
The factory foreman's strategy for seeking out evidence to support his belief that older workers are lazy best illustrates confirmation bias.
What is confirmation bias?Confirmation bias is a type of emotional bias where a person seeks out only information that confirms to previously held beliefs. The factory foreman is only seeking for evidence that the older workers are lazy. Thus, he is displaying confirmation bias.
Confirmation bias can be resolved by actively seeking information that does not go in line with previously held beliefs.
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What is a normal consequence of carrying a balance on a credit card?.
Answer:
interest and it could also cause damage to your credit score
Explanation:
it is sometimes good to actually carry a balance when first getting credit, but generally it is not good to carry large large amounts on your credit card, because then you rack up credit card debt
Jonathan is pursuing a degree in marketing. He researched income trends and expects his starting annual salary to be $35,000. Based on his expected income, what would you recommend as his maximum student loan debt
Jonathan is pursuing a degree in marketing. He researched income trends and expects his starting annual salary to be $35,000. Based on his expected income of $34,000, maximum student loan debt will be recommended.
Creating interest in your company's goods or services is known as marketing. This is accomplished by market research, analysis, and comprehension of the interests of your prospective clientele. Product creation, distribution channels, sales, and advertising are all included in the definition of marketing.
In dictionaries for the first time in 1897, the term "marketing" was defined as the modern process of getting commodities from producer to customer with a focus on sales and advertising. The word marketing is a translation of the Latin word Mercatus, which refers to a market or a trader.
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What is intangible creative work that is embodied in physical form and includes trademarks and patents
Answer:
Intellectual property
Explanation:
Intellectual property
How do bank loans help the nations economy?
Answer:
bank loans help the nation's economy because : They allow businesses to expand and improveMany businesses often failed to expand their businesses because they do not have enough capital to do so, and bank loan help solve this problem
hope this helps
Explanation:
Answer:
They allow businesses to expand and improve.
Explanation:
e2020
Who became the first female ceo of a fortune 500 company?.
Answer:
Katharine Graham
Explanation:
Brainliest pls :3
HELP ME PLZ 16 pts, and i’ll give brainliest
How does Café Laura properly prepare students for what it will be like to work as a restaurant manager?
Answer:designed to give students an opportunity to gain experience in the wide range of skillsand techniques that are normally associated with the duties of a hospitality manager.
Explanation: Coursehero.
Basic bank services do not include: Multiple Choice Bank accounts. Bank deposits. Checking. Electronic funds transfer. Cash register servicing
It should be noted that Basic bank services do not include Checking.
What is Basic banking services?Basic banking services can be regarded as those services offer by bank.
The basic services by bank includes;
payment account with basic featureswithdraw cashthe execution of payment transactions. Bank accounts Bank deposits. Cash register servicingTherefore, Basic banking provide Electronic funds transfer.
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On a 100-acre farm, a farmer is able to produce 3,000 bushels of wheat when he hires 2 workers. He is able to produce 4,400 bushels of wheat when he hires 3 workers. Which of the following possibilities is consistent with the property of diminishing marginal product?.
Answer:
Option A is correct.
Explanation:
This condition will be satisfied in the option (a), where output increases by 1,200 bushels.
Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional questions. Online Content: Site 1 This site shows the occupations with the highest expected growth rates over the period 2014 - 2024. Which occupation is expected to grow at the highest percentage increase? Is this occupation also expected to have the largest increase in the number of jobs? Explain.
Answer:
Healthcare practitioners & supporters and Management have highest percentage increase anticipated.
Explanation:
The Healthcare practitioners have most demand in the market is because of the fact that developing countries have higher demand for these jobs and thus they show highest growth.
On the other hand, management is the backbone of the company. We can not imagine a company without management. Hence their is an increased demand in management operations. If the GDP of the country is growing then it means the business is growing and their is increased demand for the management jobs.
The automation will affect most of the difficult jobs and would increase efficiency in the coming future. The occupations that would be affected will be aggriculture production operations.
If a company pays dividends on a stock, does that mean that the stock has appreciated in value? Why or why not? Yes, the payment of dividends indicates that a stock’s value has increased. No, the payment of dividends indicates that a company has earned profits. Yes, the payment of dividends indicates that a company’s assets have grown. No, the payment of dividends indicates that a company can repay investors.
Answer:
No, the payment of dividends indicates that a company has earned profits.
Explanation:
If a company pays dividends on a stock, that means that the stock has appreciated is that No, the payment of dividends indicates that a company has earned profits. The correct option is b.
What is a stock?A stock is a general term used to describe the ownership certificates of any company. A share, on the other hand, refers to the stock certificate of a particular company. Holding a particular company's share makes you a shareholder.
Stocks are of two types common and preferred. The difference is while the holder of the former has voting rights that can be exercised in corporate decisions, the later doesn't. However, preferred shareholders are legally entitled to receive a certain level of dividend payments before any dividends can be issued to other shareholders. There is also something called 'convertible preferred stock'.
This is basically a preferred stock with an option of converting into a fixed number of common shares, usually any time after a predetermined date.
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Listing the pros and cons for each of your options is a part of which step in the decision-making process?.
Answer:
Listing the consequences of each option.
Explanation:
write any four method any two challenges of federal system?
[tex]\huge\bold\red{Answer:-}[/tex]
✭The purpose of this collection is to discuss what we may learn from thinking about the EU in federal terms.
✭Our point of departure is that this represents a two-fold challenge.
✭It is on the one hand a matter of establishing ‘how federal’ the EU is (the EU’s federal challenge).
✭On the other, the EU has federal features but is not a state; thus raises the question of whether federal theory and practice may have to be adapted to take proper account of the EU (the EU’s challenge to federalism).
✭The contributions to this collection supplement and extend existing scholarship through focusing on two important lines of inquiry.
✮The first focuses on the relationship between federalism and democracy, with particular emphasis on how federal systems respond to and deal with citizens’ interests and concerns, within and outside the political system.
✮ Particular emphasis is placed on representation, in the process of federalization, and as a feature of established systems.
✮The second line of inquiry places the emphasis on the relationship among the governments of federal systems.
✭The focus is on intergovernmental relations, and the particular merits that emanate from studying these from a federal perspective.
HOPE IT HELPS❤Answer:
Constitutional provisions are used by political parties to hide the real issues of corruption, fraud etc.Central government and State Governments’ indifference and apathy towards constitutional scheme of federal structure.Tussles between the agencies of central government and those of state governments stress the cohesive functioning of centre and states.John rates Peter an average worker, "excellent" on all his performance evaluations. The rest of staff suspects that Peter gets high ratings because he graduated from the same prestigious university and was a member of the same fraternity as John. If this were accurate, what rating error has the staff identified? Explain your answer
Answer:
Throughout the description section beneath, the overview including its circumstance given is outlined.
Explanation:
The ranking error here's another resemblance failure that causes the ranking individual to assume that perhaps the candidate becoming ranked is very close to him as well as her, scoring him or her highly. After that, the individual becoming assessed must be from a similar university and perhaps a representative of almost the same organization as that of the ranking guy, which, attributable to obvious similarities, enables the rater to think positively of the performance, and lead to organizational scores.The purpose of ______ advertising is to build brand awareness and keep a brand name in front of consumers.
The purpose of Reminder advertising is to build brand awareness and keep a brand name in front of consumers.
What is reminder advertisememnt?Reminder advertising is a marketing strategy used by buisneses in order to encourage people to be aware of more products from trhe brand while also maintaining brand knowlegde.
With this type of advertisement , customers are encouraged and reminded to patronize products from a known brand.
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50 points!! Help please! “You enjoy working with your hands and like large
machinery. You are not overly fond of sitting at a
desk, but earning a good wage is a high priority.
Which manufacturing jobs might you consider?
you think you'd like them? Why or why not?”
Answer:
I hope this answer is correct!
Explanation:
"might" (and any subsequent words) was ignored because we limit queries to 32 words.
How can you take advantage of the information on social media sites related to careers you are interested in?
It can easily show a lot of the ups and downs to careers that one may be interested. You can see people's personal experiences and how people view the job compared to what it is. You can get a lot of insight which could sway your choice.
Fultz Company has accumulated the following budget data for the year 2020.
1. Sales: 31,120 units, unit selling price $88.
2. Cost of one unit of finished goods: direct materials 1 pound at $6 per pound, direct labor 3 hours at $12 per hour, and manufacturing overhead $8 per direct labor hour.
3. Inventories (raw materials only): beginning, 10,290 pounds; ending, 15,240 pounds.
4. Selling and administrative expenses: $170,000; interest expense: $30,000.
5. Income taxes: 30% of income before income taxes.
Prepare a schedule showing the computation of cost of goods sold for 2017:
Cost of one unit of finished goods:
Direct Materials: $___
Direct Labor: $___
Manufacturing Overhead: $___
TOTAL: $___
COST OF GOODS SOLD: $___
Prepare a budgeted multi-step income statement for 2017:
_____: $___
_____: $___
_____: $___
_____: $___
_____: $___
_____: $___
_____: $___
_____: $___
_____: $___
Assuming the direct materials is 1 pound , the cost of goods sold is $2,053,920 and the income statement is: $339,248.
Cost of goods soldCost of goods sold for 2017
Cost of one unit of finished goods:
Direct materials $6
Direct labor $36
(3×$12)
Manufacturing overhead $24
(3×$8)
Total $66
Cost of goods sold $2,053,920
($66×31,120)
Budgeted multi-step income statement for 2017:
Sales revenue $2,738,560
($88×31,120)
Less cost of goods sold $2,053,920
Gross profit $684,640
Less selling and administrative expense $170,000
Income from operation before interest and tax $514,640
($684,640-$170,000)
Less interest expense $30,000
Profit before tax $484,640
($514,640-$30,000)
Less income tax expense $145,392
(30%×$484,640)
Profit after tax $339,248
($484,640-$145,392)
Inconclusion the cost of goods sold is $2,053,920 and the income statement is: $339,248.
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Atlanta Company is preparing its manufacturing overhead budget for 2020. Relevant data consist of the following. Units to be produced (by quarters): 10,700, 12,400, 14,700, 16,300. Direct labor: Time is 1.6 hours per unit. Variable overhead costs per direct labor hour: indirect materials $0.90; indirect labor $1.30; and maintenance $0.70. Fixed overhead costs per quarter: supervisory salaries $37,280; depreciation $18,330; and maintenance $13,020.
Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal places, e.g. 1.25. List variable expenses before fixed expense.) ATLANTA COMPANY Manufacturing Overhead Budget Quarter 1 2 3 4 $ $ $ $ $ > > + + $ $ Direct labor hours Manufacturing overhead rate per direct labor hour
The preparation of the manufacturing overhead budget for the year, showing quarterly data, for Atlanta Company is as follows:
ATLANTA COMPANY
Manufacturing Overhead BudgetQuarter 1 2 3 4
Production units 10,700 12,400 14,700 16,300
Variable overhead costs:
Indirect materials $0.90 $9,630 $11,160 $13,230 $14,670
Indirect labor $1.30 13,910 16,120 19,110 21,190
Maintenance $0.70 7,490 8,680 10,290 11,410
Total variable overhead costs $31,030 $35,960 $42,630 $47,270
Fixed overhead costs:
Supervisory salaries $37,280 $37,280 $37,280 $37,280
Depreciation 18,330 18,330 18,330 18,330
Maintenance 13,020 13,020 13,020 13,020
Total fixed overhead costs $68,630 $68,630 $68,630 $68,630
Total overhead costs $99,660 $104,590 $111,260 $115,900
Direct labor hours (1.6) 17,120 19,840 23,520 26,080
Manufacturing overhead rate
per direct labor hour $5.82 $5.27 $4.73 $4.44
What is the manufacturing overhead budget?The manufacturing overhead budget is a budget for all manufacturing costs except direct materials and direct labor.
The manufacturing overhead budget will show the total variable and fixed overhead costs with details.
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A group where there is a great deal of camaraderie is a group experiencing:.
Answer:
cohesion
Explanation:
the action or fact of forming a united whole.
When calling a support line to request help with a computer problem, it is best to
provide as many details and information as possible.
keep information to a minimum to avoid confusion.
avoid attempting to name or identify the problem.
avoid first attempting simple fixes to the problem
Answer: Provide as many details and information as possible.
Explanation:
So they can identify the problems with your computer
Answer:
1.provide as many details and information as possible.
Explanation:
how do you do credit score
Answer:
There are four main ways to get a credit score:
Check your credit card or other loan statement. ...
Talk to a non-profit counselor. ...
Use a credit score service. ...
Buy a score.
Explanation:
Identify 3 skills you would expect a bookkeeper to have
Answer:
Great data entry skills. ...
Good communication. ...
Knowledge of bookkeeping principles. ...
Organising records. ...
Attention to detail. ...
Have an understanding of the bigger picture. ...
Be disciplined. ...
Have an interest in furthering your education.
In a(n) __________, an inexperienced worker learns by working alongside an experienced employee to master the skills and procedures of a craft
In a(n) apprenticeship, an inexperienced worker learns by working alongside an experienced employee to master the skills and procedures of a craft
In what way is the purchase of a washing machine an investment in a consumer durable rather than a consumption expense?.
Additionally, durable items outlast nondurable ones in terms of economic value retention. Since durable items cost more than nondurable ones, people tend to invest in them when the economy is doing well, and they are feeling prosperous.
What is the investment in a consumer durable?Products that are used soon after purchase. Cigarettes, beverages, paper products, cosmetics, and food items. For consumers, staples. No matter how the economy is doing, consumers depend on common goods.
Owning a washing machine has costs associated with it, like detergent, wear and tear, electricity use, and water usage, but because of the money you would save, it is regarded as a consumer durable.
Therefore, a washing machine is considered a consumer durable rather than a consumption because it will provide services that, in contrast to using the laundry, you won't need to acquire frequently.
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Identify the micro and macro challenges of speedy motors
Based on the fact that Speedy Motors is in the automotive industry, some micro and macro challenges include:
Macro challenges - Government regulation and Economic growth.
Micro challenges - Lack of liquidity and Retaining good labor.
What are micro challenges?
Micro challenges are those that affect a company alone and not the economy.
Companies in the automobile industry face the micro challenge of having poor liquidity because cars might not be sold fast enough. They also have issues with retaining good labor which can help them remain competitive.
What are macro challenges?
These affect the economy and industry at large and so affect the company as well.
Some challenges here include government regulation that is aimed at reducing pollution. This will force an auto company to invest in more expensive equipment to comply.
If economic growth is poor, a car company will experience less sales as well.
In conclusion, there are several challenges affecting Speedy Motors.
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Answer the next two questions based on the following
table.
INCOME (DOLLARS)
$10,000
20,000
40,000
80,000
TAX PAID (DOLLARS)
$1,000
2,000
4,000
8,000
3. This tax is
a. progressive.
b. proportional.
C. regressive.
d. none of the above.
Answer:
i think it is d i think if right hope i help a lot
Explanation:
Demand for an item that uses a large portion of your budget tends to be.
Answer:
hm?
Explanation:
what are u asking??
:p