1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tiny-mole [99]
2 years ago
5

Which terms will make the following statement true? When manufacturing overhead is overapplied, the Manufacturing Overhead accou

nt has a __________ balance and applied manufacturing overhead is greater than __________ manufacturing overhead.
a) debit, actual
b) credit, actual
c) debit, estimated
d) credit, estimated
Business
1 answer:
Free_Kalibri [48]2 years ago
7 0

Answer:

b) credit, actual

Explanation:

The journal entry to record the over applied overhead is

Cost of Goods sold A/c Dr XXXXXX

      To Manufacturing overhead A/c XXXXXX

(Being the over-applied overhead is recorded)

The over-applied overhead is arise when the applied manufacturing  overhead is more than the actual manufacturing overhead

In mathematically

= Applied manufacturing overhead - actual manufacturing overhead  

= Over-applied

You might be interested in
Barbara made a contract to sell a house to Bolton. The agreement stated that it was contingent upon the buyer being able to secu
Levart [38]

Answer and Explanation:

A due on sale clause is simply a stipulation in the mortagage agreement that the

"borrower if he wants to sell the property to some other person, first of all he (borrower) shall repay the entire outstanding mortagage amount and then only it is possible to sell the property which is secured under Mortagage agreement.

Hence in essence, the borrower must repay before selling it to some other person which will result in paying the sale proceeds of house to the lender first and the Borrower again has to take loan sometimes from the same lender.

Hence it is imperative that the mortagage obligation cannot be transferred to any other person. That is any subsequent buyer cannot ASSUME the mortagage. Therefore due on sale

Clause prevents assuming of mortagages.

6 0
3 years ago
A firm is using experience curve pricing when it prices high worldwide in an attempt to position itself as a market leader.
Sedbober [7]

the answer is this true

4 0
3 years ago
My mother just died just a few minutes ago
kumpel [21]
Oh I'm so sorry for you
4 0
3 years ago
The practice of setting the selling price below cost with the intent to drive competitors out of business is: 28) A) target pric
Dmitrij [34]

Answer:

The correct answer is letter "B": predatory pricing.

Explanation:

Predatory pricing refers to companies setting prices below the average level in an attempt to wipe out competition. In the beginning, consumers may benefit from the low prices but after the competition has disappeared, the predatory company raises the prices, but, in this scenario, consumers do not have substitutes from where to choose. The predatory company became a monopoly.

Predatory pricing practices are forbidden by the Federal Trade Commission (FTC) in the U.S.

5 0
3 years ago
Hidden Valley Communications, Inc., located in a remote area of Utah, made a special device that was used in 4th generation cell
Cerrena [4.2K]

Answer: Leveraged buyout

Explanation:

leveraged buyout is a system of business concept that describes an acquisition of a company done by debts. Where a company acquires another through borrowing money to match the cost of the company being bought. Company assets are often used as loan for collateral in this case and they are often used to trade the profit of many private equity firms.

This is what the employees at Hidden Valley Communications, Inc. did.

4 0
2 years ago
Other questions:
  • you have 20 cookies with the ratio is 2 chocolate chip for every 3 sugar. how many cans will be in each group?
    7·1 answer
  • 15 POINTS!
    8·1 answer
  • Direct mail recruiting works best for positions involving:​ a. ​ temporary work b. ​ low skill levels c. ​ specialized skills d.
    8·1 answer
  • Mature Products Corporation produces goods that are very mature in their product life cycles. Mature Products Corporation is exp
    14·1 answer
  • What is the present value of the following cash flows at a discount rate of 9 percent?
    9·1 answer
  • A manufacturing company had been under pressure to increase profits, so it
    7·2 answers
  • Johanna Murray, a climate campaigner at The National Footprint Foundation, is known in her organization to be a campaigner of ca
    11·1 answer
  • g Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in
    5·1 answer
  • Dinham Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-d
    7·1 answer
  • A stock has a beta of 1.3. The systematic risk of this stock is ____________ the stock market as a whole.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!