Answer: E. she can now work as a trainee with an expert
Explanation:
Since Jessica hopes to get an entry level job in an audit firm, the professional organization will help her in her quest as she can now work as a trainee with an expert.
By joining the professional organization, she'll get the work experience that's needed when she finally get the role on the audit firm. She would have learned from a professional who's experienced and this will be vital in her getting into the workforce.
Answer:
$4,280 under applied
Explanation:
Given that;
Estimated direct labor hours = 11,200
Estimated manufacturing overhead = $259,840
Estimated rate per hour = $259,840 ÷ 11,200 = $23.2
Actual labor hours = 10,800
Estimated overhead for actual hours
= 10,800 × $23.2
= $250,560
Actual overheads incurred = $254,840
Hence, actual overheads are under absorbed by
= $254,840 - $250,560
= $4,280
Answer:
Ophelia Inc.
Assuming that the company utilizes the allowance method, Ophelia should record a(n):
decrease in Accounts Receivable
Explanation:
This means that the accounts receivable will be credited while the allowance for doubtful accounts is debited to record the decreased value. The Patton Inc. account may not be recovered fully. However, the amount of the decrease depends on the amount that can be recovered from Patton. Thereupon, the accounts receivable will first be credited with the cash recovered with the corresponding debit entry in the Cash account.
Answer:
The difference between the wages at the two jobs plus 150.00.
Explanation:
There was a contract of one year and as per Severance pay h and H has to pay this amount.