Answer:
$400,000
Explanation:
total variable manufacturing overhead = sum of total machine hours required during the year x variable manufacturing overhead rate per machine hour
= (35,000 hours + 20,000 hours + 15,000 hours + 30,000 hours) x $4 per machine hour = 100,000 machine hours x $4 per machine hour = $400,000
total fixed manufacturing overhead = $50,000 per quarter x 4 quarters = $200,000
You can make posters and signs that can show ppl you sell them or get a food truck !
Answer and Explanation:
The Journal entry is shown below:-
Bad debts expense Dr, $2,000
To Accounts receivable-Hopkins $2,000
(Being write off is recorded)
Here we debited the bad debt expenses as it increased the expenses and we credited the accounts receivable as it reduced the assets so that the proper posting could be done
The current ratio will remain the same as 1 only
The acid-test ratio will decrease.
- The current ratio will stay the same because there won't be a change in current liabilities, and the change in current assets won't have any net consequences because the asset will grow due to an increase in inventory, but it will also decrease by the same amount due to a decrease in cash, so the current ratio will stay the same.
- The acid-test ratio will decline since the numerator will shrink owing to a cash shortage, and the growth in inventory won't be taken into account because current assets aren't included in this ratio.
Learn about more acid-test ratios here
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Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.
If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.
Hope that helps!!!
