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2 years ago

AN The Mixing Department manager of Malone Company is able to control

1 answer:

4 0

Responsibility report for the financial period of the overhead costs incurred will have a negative shortfall and a difference of $4125 for the controllable costs.

<h3>What are overhead costs?</h3>

Overhead costs are such costs which are continuously in an organization while operating in the regular course of business. The overhead costs are estimated before they are actually incurred for efficiency of cost allocation.

The responsibility report for the overhead costs incurred by Malone Company for the given period are attached with an image for better reference.

Hence, it can be stated that the controllable costs' responsibility report shows as overhead costs of negative difference of $4125.

Learn more about overhead costs here:

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Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $134,000 on sales of $2,310,000. Division B is able

Genrish500 [490]

Answer:

a. Division A = 5.80 %, Division B = 8.95 %

b. Division B is superior. Because, it generates a greater profit margin per each sale made.

Explanation:

a. Compute the profit margins

Profit margin = Profit / Sales × 100

Division A = $134,000 / $2,310,000 × 100

= 5.80 % (2 decimal places.)

Division B = $33,400 / $373,000 × 100

= 8.95 % (2 decimal places.)

b. Based on the profit margins

Division B is superior as it generates a greater profit margin per each sale made.

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3 years ago

Darryl’s portfolio includes 66 shares of Essentia Inc., 95 shares of SFT Legal, and 180 shares of Grath Oil. If Essentia Inc. pa

PSYCHO15rus [73]

Answer: d. $579.44

Explanation:

Dividends from Essentia Inc.

= 66*$1.79

= $118.14

Dividends from SFT Legal

= 95*$2.62

=$248.90

Dividends from Grath Oil

=180*$1.18

=$212.4

Total Dividends

=$118.14 + $248.90 + $212.4

=$579.44

Darryl's total Dividends each year amounts to $579.44

7 0

3 years ago

Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicat

marshall27 [118]

Answer:

The journal entry to record the flow of costs into Department 1 during the period for applied overhead is

Work In progress Account $150,000 (debit)

Manufacturing Overhead Account $150,000 (credit)

Explanation:

Applied overheads are determined by multiplying the Actual Activity (example hours) and Budgeted Overhead Rate. In Our question this figure is given as $150,000.

When Applying the Overhead to a product:

De-recognise the amount applied by reducing the Overhead account balances and Recognise the costs in the Work In Process Account by increasing it with amount applied.

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3 years ago

samir owns a dental practice, but business has slowed down significantly over the last six months. which analysis would you reco

ExtremeBDS [4]

I will recommend SWOT Analysis for his Dental business

SWOT Analysis is a strategic planning technique used for identifying and analyzing internal strengths and weaknesses in an organization and the analysis includes Strength, Weakness, Opportunities and Threat.

This Strategic technique helps to identify a potential competitive advantage.

The SWOT Analysis are used to evaluate the company's competitive position because its assess both the internal and external factors.

In conclusion, i will recommend to Samir to use the SWOT Analysis to determine his dental business competitive potential.

Learn more about SWOT Analysis here

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2 years ago

At the beginning of the current year, Paxx County’s enterprise fund had a $125,000 balance for accrued compensated absences. At

valentina_108 [34]

Answer:

a. $425,000

Explanation:

Calculation of compensated absences expense for the year

Closing balance of compensated absences = $150,000

+ Payments made for compensated expenses = $400,000

- Opening balance of compensated absences = - $125,000

Compensated absences expense for the year = $425,000

7 0

3 years ago