This area offers the broadest possible range of job options:

Billy Boi Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent yea

Lena [83]

Answer:

The correct answer is $5,160.

Explanation:

According to the scenario, the given data are as follows:

Estimated OH = $88,480

Estimated direct labor hour = 2,800 labor hour

So, Estimated OH per labor hour = $88,480 ÷ 2,800 = $31.6 / labor hour

Actual OH = $80,160

Actual Direct labor hour = 2,700 labor hour

Now, Applied OH = Estimated OH per labor hour × Actual Direct labor hour

= $31.6 × 2700

= $85,320

Since, Applied OH is Greater than Actual OH, it is underapplied OH.

Underapplied OH = Applied OH - Actual OH

= $85,320 - $80,160

= $5,160.

Hence, the underapplied OH for the year was $5,160.

6 0

3 years ago

What is the difference between a public and a private corporation?

viva [34]

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

6 0

3 years ago

Casper Inc. issued shares of $1,000,000 in the current accounting period. How will this transaction affect the cash flow stateme

bixtya [17]

E is correct
Because is True

3 0

3 years ago

A feedback technique in which an employee is appraised by her boss, peers, subordinates, and possibly clients is called a ______

matrenka [14]

Answer:

360 degree assessment.

Explanation:

360 degree assessment. - it is that type of assessment which include feedback from the higher official on the basis of their skills, innovation etc as a positioned of leader or manager etc.

The main purpose of this assessment is to assess the strong point and weak point of any leader on different level. it is essential for any organisation to evaluate the strong point of their employee on different level so that their strength can be use for the betterment of organisation.

3 0

3 years ago

ABC had the following net income (loss) the first three years of operation: $7,100, ($1,600), and $3,600. If the Retained Earnin

Alex73 [517]

Answer:

The total amount of dividends paid over these three years: $8000

Explanation:

Net income (loss) in three years

$7,100, ($1,600), and $3,600

=> the total net income is the first three years of operation is:

$7,100 - ($1,600) + $3,600

= $9,100

This money is not kept in the Retained Earnings because it is used for dividend payment. But Earnings balance at the end of year three is $1,100, so the total amount of dividends paid over these three years:

= Total net incomes - Retained Earnings

= $9,100 - $1,100,

= $8000

Hope it will find you well.

3 0

3 years ago

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