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UNO [17]
3 years ago
12

Bretthauer Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of July. Prio

r to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $58,000 and the total of the credits to the account was $70,000. Which of the following statements is true?a) Manufacturing overhead applied to Work in Process for the month was $70,000b) Actual manufacturing overhead incurred during the month was $70,000c) Manufacturing overhead transferred from Finished Goods to Cost of Goods Sold during the month was $58,000.d) Manufacturing overhead for the month was underapplied by $12,000
Business
1 answer:
skad [1K]3 years ago
4 0

Answer:

a) Manufacturing overhead applied to Work in Process for the month was $70,000

Explanation:

Data provided in the question

The total of the Manufacturing Overhead account = $58,000 i.e incurred

And, the total of credit to the account = $70,000 i.e applied amount

So according to the given data, the manufacturing overhead should be applied to the work in process with the total credit amount i.e $70,000

Hence, the first option is correct

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3 years ago
Edie Manson worked the following schedule: Monday, 8 hours; Tuesday, 9 hours; Wednesday, 7 hours 48 minutes; Thursday, 8 hours;
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Answer:

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Explanation:

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In hudredth time the conversion of 40.48 equals 40.8 but in quarter time to round time to nearest quarter hour, we have to round the times within 7 minutes of a 15 minute mark to that 15 minutes.  Since 48 minutes are only 3 minutes more than 45 minutes, we round back to 45 minutes which is 0.75 in decimal.

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3 years ago
Question 8 of 10
kirill115 [55]

Answer:

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So according to the given options, the option A is correct

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2 years ago
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ycow [4]

Answer:

How to calculate tax liability from taxable income

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7 0
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