Jane's Cell Phnoe Bill

10. After working for 24 hours, Zoe made $234. After working for 40 hours, Zoe made $390. Predict how much she would make after 10 hours of work.

The Kelleher family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a $500 deductible per person. If one family member has doctor and prescription medication expenses of $1,100, what amount would the insurance company pay?

II.|Connie has an investment portfolio in excess of $450,000. She pays Chris $350 to do an analysis of her investments and make recommendations on restructuring the portfolio.|

3. Mr. Varello is paid semimonthly. His annual salary is $64,333. What is his semimonthly

1. The local Mastermind store sells innovative educational toys. Part of their service is giving advice to customers about the best toys for a particular age group, which requires having more customer service representatives in the store. During the month long Christmas buying season, it makes half of its $500,000 yearly sales. Its contribution margin on average is 40% and its fixed costs for the year are about $150,000. The owner believes that she could make even higher sales, if she had more customer service representatives on the floor during the peak season. She plans on hiring four more people for 200 hours each at $20 per hour. How much additional revenue does she have earn to the nearest dollar

1. If Mrs. Beach wanted to invest a lump sum of money today to have $100,000 when she retired at 65 (she is 40 years old today) how much of a deposit would she have to make if the interest rate on the C.D. was 5%?

Unit contribution = Unit Price – Unit Variable Cost = $1.80 – $1.40 = $0.40

Springfield Express has an opportunity to obtain a new route that would be traveled 20 times per month. The company believes it can sell seats at $ 175 on the route, but the load factor would be only 60 percent. Fixed cost would increase by $ 250,000 per month for additional personnel, additional passenger train cars, maintenance, and so on. Variable cost per passenger would remain at $ 70.

2.) For each expense that is variable with respect to revenue hours, calculate the cost per revenue hour.

There is a mystery that brings together the Holy Grail, a band of pirates, William Shakespeare, and Franklin Delano Roosevelt. This mystery is the Money Pit located on Oak Island. People have thrown millions of life savings hoping to get their hands on the treasure in the Oak Island Money Pit, and all have met with failure. This pit has withstood two centuries of people trying to discover the treasure within. I am certain there is treasure located in the Money Pit on Oak Island.

The capitated managed care agreement with the city allows the hospital to receive $250 per month per family for taking care of the 300 city employees and their families, whether they are sick or not. Utilizing the full cost method, the hospital incurs a profit loss of $51,898,395, meaning that a rate increase of $14,166.22 is required in order to cover the full cost for the year. When applying the differential cost the hospital also incurs a profit loss of $15,119, and a rate increase of $3,949.72 is required in order to cover the differential cost for the year.

Over the next two weeks during lunch periods there will be collection cans available to drop off loose change to benefit the efforts of the Leukemia and Lymphoma Society. Students across the country are collecting pennies, nickels, dimes and quarters during the Pennies for Patients campaign. Please consider donating to this wonderful cause!

Natalie receives a utilities bill for $45. The bill is for utilities consumed by Natalie’s business during November and is due December 15.

4. Use the following schedule to compute the total indirect cost allocated to each customer line (show your computations beside the activity description)

P = $40({1 – [1/(1 + .0475)]26 } / .0475) + $1,000[1 / (1 + .0475)26]