Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.
<h3>What is manufacturing overhead cost?</h3>
It is the sum of all the indirect costs that were spent while manufacturing a product.
The amount in the manufacturing overhead account can either be a debit or credit.
It is a debit when the overhead is less than the actual overhead costs that were spent.
Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.
Learn more manufacturing overhead accounts here
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Answer:
feedback
Explanation:
Based on the information provided within the question it can be said that Marcus is providing his employees with feedback. This refers to information given to an individual regarding their performance, and is done in order to help that individual realize what they are doing wrong and how they can improve their performance. Which is exactly what Marcus is doing with his employees.
Answer:
$850,000
Explanation:
Total Hours of Department 1=$80,000+$90,000
=$170,000/$200,000*1000,0000
Answer:
B. Subscribers cancelling their subscriptions
Explanation:
Central Times’s business environment had suffered tremendousy in recent times with transition from newspaper publication to online journalism. As a result of this, Time's publishing company has faced many problems some of which are highlighted below: many of the newspaper subscribers have cancelled their subscription, they were losing revenue, they had to relief a third of their reporting staff primarily. However, amidst all these, <u>the primary cause of disruption to Central Times’s business environment is option B</u> (Subscribers cancelling their subscriptions). It was this problem that led to the other problems (loss of revenue, firing a third of their reporting staffs)
Answer:
The statement that is false about mortgage loans is Advertised rates are annual percentage rates.
Explanation:
Mortgage loan refers to a loan that uses real estate as collateral to receive cash upfront to be redeemed after the loan repayment is completed. if the loan is not remitted as at when due , the lender lays claim to the real estate property.
By increasing the number of payments per year you increase your effective borrowing rate.
When you use a spreadsheet to calculate your interest rates, it uses the periodic interest rate, not the annual percentage rate.
You can find a monthly payment by dividing the annual payment by 12.
However, advertised interest rate are not the same as your loan's annual percentage rate (APR) because other charges like mortgage insurance, closing costs, discount points and loan origination fees apply.
