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3 years ago

What does overapplied manufacturing overhead mean?

Business

2 answers:

Usimov [2.4K]3 years ago

6 0

Answer:

The correct answer is letter "A": The applied manufacturing overhead cost was greater than the actual manufacturing overhead cost.

Explanation:

During the process of manufacturing, in case the applied overhead costs are higher than the actual overhead necessary for production, the result will be an over-applied cost of manufacturing overhead. When the applied overhead is lower than the actual overhead then the result will be an under-applied cost of manufacturing overhead.

victus00 [196]3 years ago

3 0

Answer:

A. The applied manufacturing overhead cost was greater than the actual manufacturing overhead cost.

Explanation:

Applied manufacturing overhead is calculated by using multiplying predetermined manufacturing overhead rate with Actual units of basis used to determined manufacturing overhead rate e.g Machine hours, labor hours etc. If manufacturing overhead applied is greater than the actual manufacturing overhead incurred during the period then overhead is overapplied.

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Spectrum uses its sales reports broken down by geographic regions as part of its marketing research to determine which markets a

Vladimir [108]

Answer:

A. internal secondary data.

Explanation:

What is internal secondary data?

are a data that have been collected within the firm, such as sales records, purchase requisition, and invoices. internal secondary data is used for database marketing.

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2 years ago

Nour is usually the person who takes charge of the situation and gets people moving toward the group's objective. Nour probably

jonny [76]

Answer:

Power.

Explanation:

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Also, they provide guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information.

Some types of power expressed by leaders are referent power, coercive, etc.

In this scenario, Nour is usually takes charge of the situation and gets people moving toward the group's objective. Thus, Nour probably has a high need for power because he's more often than not in charge and control while getting his team members to achieve the set objective.

5 0

3 years ago

which of the following is not an economic goal of leaders of most nations? a. efficiency b. price stability c. growth d. full em

Darina [25.2K]

One thing that is not the economic goal of most nations is e. excess goods and services.

<h3>What economic goals do most countries want?</h3>

Most countries want to be able to provide their people with an adequate living standard.

For this to happen, the economy needs to be growing and have price stability as well as full employment. There is no need for excess goods and services because this represents a waste of resources.

Find out more on economic goals at brainly.com/question/3140788.

#SPJ11

4 0

2 years ago

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:

jenyasd209 [6]

Answer:

3. Sales Price 435 per unit

4. Variable cost $ 348 per unit

5. Contribution margin $ 87 per unit.

6. Contribution Format Income Statement

Explanation:

<u>Todrick Company </u>

<u>Contribution Format Income Statement.</u>

Sales $435,000

Beginning merchandise inventory $29,000

Purchases $290,000

Ending merchandise inventory $14,500

Direct Materials Used 304,500

Variable selling expense $ 21,750

Variable administrative expense $ ? 21750

Contribution margin $87,000

Fixed selling expense $ ? 43,500

Fixed administrative expense $17,400

Net operating income $26,100

<u>Todrick Company </u>

<u>Traditional Format Income Statement.</u>

Sales $435,000

Beginning merchandise inventory $29,000

Purchases $290,000

Ending merchandise inventory $14,500

Direct Materials Used 304,500

Gross Profit $ 130,500

Less Selling And Admin. Expenses.

Variable selling expense $ 21,750

Fixed selling expense $ ? 43,500

Variable administrative expense $ ? 21750

Fixed administrative expense $17,400

Net operating income $26,100

3. Sales Price Per unit = Total Sales/ Total Sales Units

= $435,000/1000= $ 435 per unit

4. Variable cost per unit= Total Variable Costs/ No of Units=

= 304,500 + 43,500/1000

= 348,000/1000= $ 348 per unit

5. Contribution margin per unit= Contribution Margin / No of Unit

= $87,000/1000= $ 87 per unit.

6. Contribution Format Income Statement is more useful as it changes with the number of units varied. Traditional may not show the change that accurately as fixed expenses do not change with the change in the number of units.And in contribution margin income statement the variable expenses are accounted for separately.

4 0

3 years ago

Suppose that the price of flour used to produce bagels increases. Hence the equilibrium price of a bagel ________ and the equil

Anon25 [30]

Answer:

Increase , increase

Explanation:

A decrease in the supply of a product increases in its price. Reduced supply means many buyers competing for the few available products. The prices of goods or services are determined by the intersection of the demand and supply curves. There is an indirect relationship between supply and price of quantity supplied when demand is constant. A reduced supply results in high prices while an increase in supply causes low prices.

As prices increase, suppliers will want to supply more to make profits. Constant demand and a high price will thus lead to an increase in equilibrium quantity.

5 0

3 years ago