What is the difference between a teller's check and a personal check?

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

Inessa05 [86]

Answer:

Overapplied overhead= $16,000

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 340,000 / 170,000

Predetermined manufacturing overhead rate= $2 per direct labor dollar

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2*192,000

Allocated MOH= $384,000

<u>Finally, the over/under allocation:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 368,000 - 384,000

Overapplied overhead= $16,000

7 0

3 years ago

Brice is a single, self-employed electrician who earns $60,000 per year in self-employment income. Brice paid the following expe

ale4655 [162]

The expenses deductible for AGI are the cost of health insurance (not purchased through an exchange, the employer portion of self-employment tax paid.

Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.
A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
Non-compliance with the law includes failing to pay on time as well as evading or resisting taxation.

Taxes can be paid in cash or in the labor equivalent and can be either direct or indirect. The expenses deductible for AGI penalty on early withdrawal of funds from a certificate of deposit.

Know more about tax with the help of the given link:

brainly.com/question/16423331

#SPJ4

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3 0

2 years ago

One basic difference between "land" and "capital" resources is that land is multiple choice natural, while capital is created by

zhannawk [14.2K]

Natural while capital is man made.

7 0

3 years ago

Categorize each scenario as describing a movement along a demand curve or a shift of the demand curve.

shtirl [24]

Answer:

i Think the answer is A

Explanation:

it could be A because the college students want to reduce the detergent and want to try to response to the higher prices

8 0

3 years ago

A fast internationalization strategy for better generation has some associated risks. What are these risks?

Alex_Xolod [135]

Answer: Political risks eg High taxes

Economic risks eg fluctuation of exchange in currency.

Please see below for further explanation.

Explanation:

Internationalization strategy is the plan by an organization to expand beyond the domestic market to become globally visible in another country or countries market.

The risks associated Associated when a company, better generation tries to expand globally include

1.)Political risks:Political risk occurs when target countries policies change or fluctuates in such a way to negatively affect a business.

Some of the political risks include

---Instability in foreign country's governments due to corruption

---Government regulations eg High taxation, High tariff quotas

-----Trade barriers etc.

2.Economic Risks here refers to the conditions in the foreign nation's economy that affect a company's financial gains.

Some of the Economic risk include

-fluctuations in the value of currencies exchange.

-Inflation

-Quality of basic infrastructure in terms of electricity, transportation, accessible to water etc as the case may be.

--Labor and differences in wages.

7 0

3 years ago