The pre-determined overhead rate per direct labor dollar for Dept. B is 1.35.
<h3>What is manufacturing overhead?</h3>
Manufacturing overhead costs are the cost associated with running a manufacturing facility.
Examples of factory overhead include
- indirect labor costs
- factory rent
- depreciation of plants and machinery
- Sales and administrative cost
<h3>What is direct labour cost?</h3>
The direct labour cost is the cost directly involved in the production of goods and services.
<h3>What is the pre-determined overhead rate per direct labor dollar for Dept. B?</h3>
The pre-determined overhead rate per direct labor dollar for Dept. B = Estimated manufacturing overhead / Estimated direct labor cost
= $162,000 / $120,000 = 1.35
To learn more about overhead costs, please check: brainly.com/question/8054214
Answer:
c.reported at fair value on the balance sheet and as unrealized gains or losses on the income statement
Explanation:
The trading securities focuses on the securities which are traded to gain the profit through selling the securities which are based on the market values
So
any profit or losses could be come under the income statement
whereas
The fair values are to be reported on the balance sheet
hence, the correct option is c.
The journal entry to replenish the fund on January 31 is $46.
<h3>What is a replenishment?</h3>
In a journal entry, this refers to refilling up a depleted cash box in a petty cash system.
The replenishment = $375- $190 - $95 - $35 - $9
The replenishment = $46
Therefore, the journal entry to replenish the fund on January 31 is $46.
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