Answer:
$56,500
Explanation:
Manufacturing overhead refers to indirect factory-related costs incurred when a product is manufactured.
To calculate the balance in the Manufacturing Overhead account, we will add the beginning balance to the indirect materials to production and indirect factory labor cost.
June 2: Issued $500 of indirect materials to production.
June 13: Incurred $15,000 of indirect factory labor cost.
= $41,000 + $500 + $15,000
= $56,500
The balance in the Manufacturing Overhead account following these transactions will be $56,500.
Answer: verifiable
Explanation:
A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.
In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.
Answer:
no
Explanation:
honestly the only difference typically these days between senior and average is time spent at company. However, this does not make the average worker less or worse than the senior, and they could be even better. Therefore, the pay should be according to the rank that the person is, not senior wise, but profit wise.
