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tiny-mole [99]
3 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]3 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

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American express and discover card are examples of open loop systems. <br> a. True <br> b. False
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A. True
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What health care business decisions are based on financial statements? And what are some examples?
mario62 [17]

Answer:

Only certain decision-making offered here is determined by the financial proclamations of that same healthcare institution.

Explanation:

  • Whether we should start reversing this same healthcare services doorstep.
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Which one of the following is a characteristic of an oligopoly​
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6 0
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Read 2 more answers
You are considering two investment alternatives. The first is a stock that pays quarterly dividends of $0.32 per share and is tr
MrMuchimi

Answer:

The 1-year HPR for the second stock is <u>12.84</u>%. The stock that will provide the better annualized holding period return is <u>Stock 1</u>.

Explanation:

<u>For First stock </u>

Total dividend from first stock = Dividend per share * Number quarters = $0.32 * 2 = $0.64

HPR of first stock = (Total dividend from first stock + (Selling price after six months - Initial selling price per share)) / Initial selling price = ($0.64 + ($31.72 - $27.85)) / $27.85 = 0.1619, or 16.19%

Annualized holding period return of first stock = HPR of first stock * Number 6 months in a year = 16.19% * 2 = 32.38%

<u>For Second stock </u>

Total dividend from second stock = Dividend per share * Number quarters = $0.67 * 4 = $2.68

Since you expect to sell the stock in one year, we have:

Annualized holding period return of second stock = The 1-year HPR for the second stock = (Total dividend from second stock + (Selling price after six months - Initial selling price per share)) / Initial selling price = ($2.68+ ($36.79 - $34.98)) / $34.98 = 0.1284, or 12.84%

Since the Annualized holding period return of first stock of 32.38% is higher than the Annualized holding period return of second stock of 12.84%. the first stock will provide the better annualized holding period return.

The 1-year HPR for the second stock is <u>12.84</u>%. The stock that will provide the better annualized holding period return is <u>Stock 1</u>.

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3 years ago
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