Answer:
$564.98
Explanation:
For computing the allocated amount of product H2, first we have to determine the overhead rate which is shown below:
Overhead rate = Total manufacturing overhead ÷ Total direct labor-hours
= $274,468 ÷ 3,692 direct labor hours
= $74.34 per hour rate
Now the overhead allocated amount would be
= Overhead rate × Direct labor hours per unit of product H2
= $74.34 × 7.6
= $564.98
The answer is c. Internal events are kind of like a V.I.P. things while external events are more public.
Answer:Bad debt expenses will be $2000 on the income statement and Allowance for uncollectible Accounts will be ($3000) on the balance sheet.
Explanation:
The bad debt accounts and allowance for uncollectible accounts are stated in the income and balance sheet statement respectively yearly to monitor activities on collectible debts.
A firm based on his experience determined an estimated percentage of debts outstanding for the year that are likely to go bad. If the new estimate is greater than the previous year, the difference is debited to income statement and if the new estimate is less than the previous year estimate the difference is credited to the income statement.
In the above scenario the new year estimate is greater than previous year by $ 2000 and that lead to $2000 to be debited to income statement.
The balance is made to reflect the total of the new estimate to be deducted from collectible debt and this is why ($3000) goes to the balance sheet.
The entrepreneur called Bahir’s have a goal sell 80% of his old merchandise prior to ordering more inventory from the wholesaler.
<h3>What are goals?</h3>
A goals refers to a predetermined aim that an entity, person or group plans to achieve in a set period of time.
Hence, Bahir’s have a goal sell 80% of his old merchandise prior to ordering more inventory from the wholesaler.
Therefore, the Option C is correct.
Missing options "going vision, business plan mission, goals"
Read more about goals
<em>brainly.com/question/24693533</em>