Actions taken by governments in order to promote the use of their own resources include all of the following EXCEPT:

The Engine Division provides diesel engines for the Motor Home Division of a company. The standard unit costs for Engine Divisio

Lisa [10]

Answer:

The best transfer price to avoid transfer price problems is $2,310

Explanation:

Transfer Price = Variable cost + Fixed Fee

Variable Cost = Direct Material + Direct labor + Variable Overhead

= 600 + 1,200 + 300

= 2,100

Transfer Price = Variable cost + Fixed Fee

= 2,100 + 210

= $2,310

Therefore, The best transfer price to avoid transfer price problems is $2,310

3 0

3 years ago

What information appears on a pay stub?

Ira Lisetskai [31]

Answer:

salary prior to taxes and tax deductions.

Explanation:

A pay stub usually referred to as a pay slip or paycheck stub is the financial document that lists the amount of money an employee is paid. It is generally issued by the employers for each

pay period.

Pay stub gives a detailed information about total earnings of an employee for the pay period, tax deductions from the total as well as the net pay after deductions.

Federal Insurance Contributions Act (FICA) is usually written on all pay stubs, which is an indication of an employee's contribution to Medicare and Social Security.

7 0

3 years ago

Henna Hair Salon purchased supplies for $6,000 and debited Supplies for the full amount. At the end of the accounting period, $1

hodyreva [135]

Answer: D. debit Supplies Expense $4,200; credit Supplies $4,200

Explanation:

Based on the information given in the question, the adjusting entry needed at the end of the period will be to debit Supplies Expense $4,200 and credit Supplies $4,200.

The supplies expenses of $4200 was gotten as:

= $6000 - $1200

= $4800

Therefore, the correct option is D.

.

3 0

3 years ago

Irving Corporation makes a product with the following standards for direct labor and variable overhead: Standard Quantity or Hou

11111nata11111 [884]

Answer:

the variable overhead rate variance is $596 favorable

Explanation:

The computation of the variable overhead rate variance is shown below:

= Standard overhead rate × actual direct labor hour - actual overhead

= $7 × 1,490 direct labor hours - $9,834

= $10,430 - $9,834

= $596 favorable

hence, the variable overhead rate variance is $596 favorable

3 0

3 years ago

Crinks Corporationu ses direct labor hours in its predetermined in its predetermined overhead rate. At the beginning of the year

balu736 [363]

Answer: $11920 Overapplied

Explanation:

We have to calculate the Predetermined overhead rate which would be:

= Estimated total manufacturing overhead / Estimated amount of the allocation base

= $355,680 ÷ 14,400 direct labor-hours

= $24.70 per direct labor-hour

Since the actual hours is 10,800 hours, therefore, the applied overhead would be:

= 10,800 × 24.70

= $266,760

Since the actual overhead = $254,840, then the overapplied Overhead would be:

= $266,760 - $254,840

= $11920 Overapplied

6 0

3 years ago