Answer:
Applied Manufacturing Overheads are $102,000
Overapplied Manufacturing overheads are $18,000
Explanation:
Under or over applied manufacturing overhead can be determined by comparing the actual and applied manufacturing overheads.
Applied overheads can be calculated by multiplying pre-determined overhead rate and actual level of quantity. Predetermined overhead rate is calculated using estimated overhead and estimated activity on which overheads are applied.
In this question the predetermined overhead rate is 120% of direct labor cost.
Applied overhead = Direct labor cost x 120% = $85,000 x 120% = $102,000
Actual overheads incurred = $84,000
Overapplied Manufacturing overheads = $102,000 - $84,000 = $18,000
Answer: See explanation
Explanation:
Economics is the study of human behavior and also how resources are allocated in the society. Economics studies the reason for the behavior in the individuals, firms or government when certain situations happen in the economy.
Opportunity cost is refered to as n alternative cost that's, the cos if what we forgo when we make an alternative decision. For example, if I purchase a book for $20, the opportunity cost is something else that I could have used the $20 for.
The answer that best fits the blank above is the term ANALOG. The ANALOG FORECASTING METHOD is known as the oldest method in the forecasting of weather. This kind of method reviews the previous weather events in order to lead to a particular weather event. Hope this helps.
Answer:
B) $29,500
Explanation:
If we are going to use the mean per unit sampling to estimate the total audited value all we have to do is multiply the total number of accounts by the mean audited value of the sample (50 accounts):
total estimated audited value = 1,000 accounts x $29.50 per account
total estimated audited value = $29,500
Hello,
Here is your answer:
The proper answer to this question will be option B "false". Thats because suppliers are the people that are paid to deliver the goods (or products) to a business. He or she has no input about how to run the business!
Your answer is B.
If you need anymore help feel free to ask me!
Hope this helps!
