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
What collective name do we refer to: natural resources, labor, capital, education or know-how?
pshichka [43]

Answer:

Factors of production

Explanation:

The general name is factors of production. They are also the 'inputs' in the production process.

The factors of production are combined or put together for the productions of goods and services to happen.  The four factors include land, which represents the natural resources in this case.

<u>Land</u> refers to the space used to set up a business, and fertile lands used for agriculture, minerals, oil and gas, forest, and other natural resources.

<u>Labor </u>is the human input in production. It involves workers' knowledge, skills, strength, and time spent on the production process.

<u>Capital </u>is the money and assets used to start and maintain the business operation. It includes plant and machinery, equipment, building, factories used in making products for sale.

<u>Know-how </u>refers to entrepreneurship. It is the skills, willingness, and ability to put together and manage the other factors to produce goods.

3 0
3 years ago
Suppose the currency-to-deposit ratio is 0.25, the excess reserve-to-deposit ratio is 0.05, and the required reserve ratio is 0.
Lana71 [14]

Answer:

Money multiplier, MM = (1 + Currency-deposit ratio) / (Currency-deposit ratio + Excess reserve ratio + Required Reserve ratio)

(a) Initially,

MM = (1 + 0.25) / (0.25 + 0.05 + 0.10) = 1.25 / 0.4 = 3.125

(b) Currency-deposit ratio = 0.3

MM = (1 + 0.3) / (0.3 + 0.05 + 0.1) = 1.3 / 0.45 = 2.89

(c) Excess reserve ratio rises to which number? MM cannot be computed unless exact number is provided.

7 0
3 years ago
Cellphones are one form of communication technology, give any other form​
lana66690 [7]

Answer:

television,newspaper,radio,laptops,computer etc..

6 0
2 years ago
Read 2 more answers
The current price of a 10 year $1000 par value bond is $1158.91. Interest on this bond is paid every 6 months, and the nominal a
tatuchka [14]

Answer:

16.22%

Explanation:

To calculate the annual coupon rate, you can use the following formula:

Coupon Rate= (Annual coupon payment/Par value of the bond)* 100%

Annual coupon payment= $1158.91*14%= 162.2

Par value of the bond= $1000

Coupon Rate= (162.2/1000)*100%

Coupon Rate=0.1622*100%

Coupon Rate= 16.22%

The annual coupon rate on this bond is 16.22%

4 0
2 years ago
Do you consider it morally and ethical wrong to pay bribes through an agent entering an international market faster, receiving n
Ghella [55]

Answer:

yes I do believe it is ethically and morally wrong to pay bribes

3 0
2 years ago
Read 2 more answers
Other questions:
  • Shelby's annual take home pay is $51,000. What is the maximum amount that she can spend per month paying off credit cards and lo
    13·2 answers
  • Wade paid $7,000 for an automobile that needed substantial repairs. he worked nights and weekends to restore the car and spent $
    9·1 answer
  • An organization that does not monitor feedback from its environment and make appropriate adjustments will fail due to
    14·1 answer
  • What effect might the government have on​ oligopolies? in​ oligopolies, the government might
    5·1 answer
  • The allowance for doubtful accounts, which appears as a deduction from accounts receivable on a balance sheet and which is based
    13·1 answer
  • -8=-7(-4x+8)+8(x-3) what does x equal? and how do i get the answer?
    6·1 answer
  • You are writing a report advocating that your company increase its use of social media. Your manager has said several times that
    15·1 answer
  • The country of Micronesia is currently experiencing a recessionary gap. The size of the recessionary gap is $500 billion. If the
    12·1 answer
  • Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard
    5·2 answers
  • What is the function of the audio tools on the Format contextual tab?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!