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NEW QUESTION: 1
An exclusive provider organization (EPO) operates much like a PPO. However, one difference between an EPO and a PPO is that an EPO
A. Has no provider network of physicians
B. Is regulated under federal HMO legislation
C. Generally provides no benefits for out-of-network care
D. Is not subject to state insurance laws
Answer: C
NEW QUESTION: 2
If the maturity of a straight 3-month deposit fails on a Saturday, which is also the last day of the month, what will be the final end date of this transaction?
A. Saturday
B. The last business day of the month
C. The first business day of the following month
D. The following Monday
Answer: B
NEW QUESTION: 3
The AP shown below belongs to?
A. AP2010DN Indoor panel AP
B. AP6010DN indoor placement AP
C. AP6310DN Indoor distributed AP
D. AP6510DN outdoor AP
Answer: A
NEW QUESTION: 4
A company prepares a flexible budget each month for manufacturing costs. Formulas have been developed for all costs within a relevant range of 5,000 to 15,000 units per month. The budget for electricity a semi variable cost) is US $19,800 at 9.000 units per month, and US $21,000 at 10,000 units per month. How much should be budgeted for electricity for the coming month if 12,000 units are to be produced?
A. US $23,400
B. US $26,400
C. US $22,200
D. US $25,200
Answer: A
Explanation:
A flexible budget consists of a fixed cost component and a variable cost component. The fixed cost component can be expected to remain constant throughout the budgets relevant range. The variable cost component, however will change at a constant rate within the budget's range. The increase in budgeted cost of US $1,200 $2'1.000 $19,800) per 1,000 units of production can therefore be calculated as the variable cost per unit of U'. $: 1i. r [$21.000 $19,800) 1.000] and the total fixed costs of US $9,000 [$21,000 - 10.000 $1_201]
These cost can then be used to determine the total cost of using 12,000 units of electricity
[US $9,000 FC + 12,000 x $1.20)].
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