Answer:
$12.90
Explanation:
Relevant data provided as per the question below:-
Actual manufacturing overhead = $204,900
Underapplied = $11,400
Number of hours = 15,000
As per the given question the solution of predetermined overhead rate is provided below:-
=
= $12.90
So, we have calculated the predetermined overhead rate by using the above formula.
Parking Tickets
Medical Bills
Bank Overdrafts
Hope This Helps!
:D
Answer:
Annual depreciation= $4,300
Explanation:
Giving the following information:
Purchasing price= $27,600
Salvage value= $1,800
Useful life= 6 years
To calculate the depreciation expense using the straight-line method, we need the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (27,600 - 1,800) / 6= $4,300
Answer: A. Look for how this change will impact the cost to complete the work package and the quality of the product of the work package.
Explanation:
More efficiency in the company's operations is always welcome so if the stakeholder has an idea that can make things better, it should be considered.
It should however, only be considered if it meets certain criteria such as: having a cost that will not significantly impart the cost to complete the work package or at least if it did, its contributed to the quality of the work package should be such that it is significant enough to cover the increased costs.
Answer:
The adjustment to record the bad debt expense for the period will require a debit $3,654
Explanation:
There are two way to estimate uncollectible accounts: the percentage of sales method and the accounts receivable aging method.
The company uses the accounts receivable aging method to estimate the uncollectible accounts and estimated uncollectible of $4,979
Before adjustment, Allowance for Doubtful Accounts has a $1,325 credit balance.
Bad debt expense for the period = $4,979 - $1,325 = $3,654