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:
thank you !
Explanation:
i might need to use thins soon haha
thanks,
~mina
Answer:
D
Explanation:
its is D because why not ight
Answer:
The correct answer is D. participative.
Explanation:
Participation is nothing other than decision making among the subjects that integrate a task or project. It is a way of assuming roles and interacting in a context in which specific objectives have previously been set.
Participating implies consensus, debate, exchange of ideas, assumption of positions and, in some cases, negotiation. It is also diversity, openness, active listening, dialogue, inclusion and greater horizontality.
The participatory leadership model is quite useful for those processes that are not focused only on results. Also in cases where these are complex tasks that must have more than one opinion.
Given:
130,500 net pay to employees
19,000 income tax withholding
5,000 FICA withholding
130,500 + 19,000 + 5,000 + 5,000 = 159,500
<span>The total wages and payroll tax expense to the company for this pay period, excluding any unemployment taxes, is $159,500.
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The 5,000 is added twice because the first 5,000 is withheld from the employees salary as the employees share. The employer also has to pay off 5,000 as employer's share to the employee's FICA withholding. Thus, the presence of the 2nd 5,000.
FICA, <span> Federal Insurance Contributions Act,</span> is composed of
1) <span>6.2 % Social Security tax;
2) <span>1.45 % Medicare tax (the “regular” Medicare tax); and
3) 0.9 % of a Medicare surtax starting 2013 for employees earning over $200,000.
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