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noname [10]
3 years ago
5

If actual manufacturing overhead costs are less than the applied manufacturing overhead, then manufacturing overhead is:

Business
1 answer:
Genrish500 [490]3 years ago
8 0

Answer:

Under applied

Explanation:

Actual manufacturing overhead costs are those amounts of overhead costs that are incurred by a firm during production processes.

Applied manufacturing overhead costs are those costs that are added to jobs as they near completion. Usually, as work or job nears completion during the year, the predetermined overhead rate and actual activity level are used to apportion them.

In general, manufacturing overhead costs are those costs that are not direct labor costs or direct material costs; which is made of expenses like equipment and lightening. It could either be under or over applied. It is under applied as in the above while it is over applied when the actual manufacturing overhead costs are more than the applied manufacturing overhead costs.

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Forecasting drives all of the key business functions. Among the following cases, select the cases that are the least suited for
Svetach [21]

Answer:

(1). Demand of radically innovative new product

Explanation:

Forecasting refers to a decision making tool for planning and making estimates of future projections. This is usually achieved by relying on past events to determine future outcomes.

There are two forecast types, namely; judgment-based and quantitative.

The combination of the two types helps to get the best outcome as it aids to mitigate weaknesses.

7 0
3 years ago
Read 2 more answers
Cramer Corp. issued $20,000,000 of 5-year, 9% bonds at a market (effective) interest rate of 10%, receiving cash of $19,227,757.
Slav-nsk [51]

Answer:

The journal entry is as follows:

 Interest expense   $961,388.00  

                           Discount on issue of bond  $61,388.00

                           Cash                                          $900,000.00

Explanation:

In order to prepare the journal entry we have to calculate first the interest expense and the cash.

Therefore, Interest expense= ($19,227,757×10%×6/12)=$961,388.00

Cash=$20,000,000×9%×6/12= $900,000

By difference then, the discount on bond payable=$961,388-$900,000

                                                                             =$61,388.

     

Hence, the journal entry is as follows:

 Interest expense   $961,388.00  

                           Discount on issue of bond  $61,388.00

                           Cash                                          $900,000.00

7 0
3 years ago
Some industries, like the athletic shoe industry, are dominated by a small number of firms with strong brands. these industries
OleMash [197]

The barrier to entry that the firms in these types of industries have erected is referred to as <u>"product differentiation".</u>


Product differentiation is a promoting procedure that features the contrasts between items. Separation hopes to make an item more alluring by standing out its one of a kind characteristics from other contending items. Successful product differentiation makes an upper hand for the item's seller, as clients see these items as being extraordinary or predominant.  

Product differentiation can be as straightforward as bundling the products inventively, or as detailed as joining new utilitarian highlights.

8 0
3 years ago
A sales associate employs a licensed personal assistant. The assistant will prepare CMAs, design property flyers, hold open hous
strojnjashka [21]

Answer:

A) the associate may pay the salary and withhold taxes, but the broker must pay commissions.

Explanation:

The sales associate works for the broker and his/her assistant works for him. Therefore the sales associate is responsible for paying the assistant's salary and withhold taxes since he is the employer. But since the assistant will also earn 20 percent of the sales associate's commissions, that should be paid by the broker directly (80% to the sales associate and 20% to the assistant).

7 0
3 years ago
Which of the following would increase the future value of a single cash flow?
goblinko [34]

Answer: B) an increase in the interest rate

Explanation: Future Value: it is the money that will be earned by multiplying at an interest rate.

This value depends on the cash changes generated by that asset and usually depends on the size, time and risk. For example: If $ 100 is deposited in an account that generates an annual interest rate of 10%, in one year the future value of the deposit is $ 110

6 0
3 years ago
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