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erastova [34]
3 years ago
13

Under normal costing, the actual manufacturing overhead costs incurred during the period are added to the work in process accoun

t.
Business
1 answer:
fenix001 [56]3 years ago
3 0
I will assume this is a true or false question. The answer is false. 
In the normal costing, the current prices in the market are being used for a direct materials and labor. The overhead rate is only estimated. It uses the estimates of the labor and the material as also the overhead. 

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A property management group is interested in diversifying its company to operate properties for low-income housing, but the grou
Sloan [31]

Options:a. Unrelated diversification b. Related diversification c. Internal new venture d. Joint.

Answer:b. Related diversification

Explanation:Related diversification is a system of diversification where a business Organisation diversifies its operations into product lines or brands that are similar to what it is already Manufacturing or marketing.

The property management company has already been involved in property management,but in this case it is for High income earners,since it is now interested and wants to diversify to property management for low income earners,this approach to diversify is called RELATED DIVERSIFICATION.

3 0
3 years ago
A professional theater company wants to hire a young actor to play an important part in a play. Many actors have expressed an in
SSSSS [86.1K]

Answer: C. An actor who comes from a respected talent agency.

Explanation:

Talent Agencies are professionals in the field. The people they send have been put through training programs that the Talent Agency knows will serve them well because they are in that same industry. For this reason, actors from Talent Agencies send the strongest signals.

Look at it this way, would you take investment advice from an investment banker or from an entrepreneur? Both could present very strong cases but the Investment Banker has expertise in the subject and is more likely to be picked.

It is the same here. The Talent Agency is believed to have expertise and so when they send someone, that person is considered first.

5 0
3 years ago
the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.The balance of the account is a/a
hram777 [196]

Answer:

$800 Debit.

Step by step explanation:  

We have been given that the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.

Since debit postings are more than credit postings, so the balance of the account will be debit.

Let us find how many debit postings will be in the balance of account by subtracting 1100 from 1900.

\text{The balance of the account}=1900-1100

\text{The balance of the account}=800

Therefore, the balance of the account is a $800 debit.

8 0
3 years ago
Read 2 more answers
What is a fixed rate?
Dovator [93]

Answer:

A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan.

Explanation:

a fixed rate could also be calculated if you want to know how to calculate fixed rate i could tell you

5 0
3 years ago
On January 2, 2013, Gant Co. purchased a franchise with a useful life of five years for $60,000 and an annual fee of 1% of franc
inysia [295]

Answer:

$48,000

Explanation:

The computation of the amount that should be reported as the intangible asset franchise is shown below

= Purchase value of franchise - amortization per year

= $60,000 - ($60,000 ÷ 5 years)

= $60,000 - $12,000

= $48,000

hence, the  amount that should be reported as the intangible asset franchise is $48,000

6 0
3 years ago
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