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Dovator [93]
3 years ago
5

Sagon Corporation has provided data concerning the Corporation's Manufacturing Overhead account for the month of September. Prio

r to the closing of the overapplied or underapplied balance to Cost of Goods Sold, the total of the debits to the Manufacturing Overhead account was $75,000 and the total of the credits to the account was $56,000. Which of the following statements is true?
a. Manufacturing overhead transferred from Finished Goods to Cost of Goods Sold during the month was $75,000.
b. Actual manufacturing overhead incurred during the month was $56,000.
c. Manufacturing overhead applied to Work in Process for the month was $75,000.
d. Manufacturing overhead for the month was underapplied by $19,000.
Business
1 answer:
Romashka [77]3 years ago
6 0

Answer: Manufacturing overhead for the month was underapplied by $19,000.

Explanation:

From the question, we are informed that before the closing of the overapplied or underapplied balance to cost of goods sold, the total of the debits to the manufacturing overhead account was $75,000 and the total of the credits to the account was $56,000.

This implies that the manufacturing overhead for the month was underapplied by ($75000 - $56000)= $19000. The manufacturing overhead debit balance shows that manufacturing overhead was simply underapplied in this case.

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disa [49]

Answer:

b.0.22

Explanation:

Return on investment (ROI) = Operating income/ Beginning Operating Asset = $ 92,000/ $440,000 = 0.22

8 0
3 years ago
You receive an email "You won a Ford Bronco, Click the link to retrieve your prize."
Mumz [18]

When you get a phishing email, your response should be as follows:

B. Check for phishing by hovering over the hyperlink, checking the sender's name, and reviewing for improper grammar and misspelled words.

E) Click the "Report Phish" button to report the suspicious email.

<h3>What is email phishing?</h3>

Email phishing is the sending of fraudulent messages to trick recipients into revealing sensitive information by making them think that they had become extremely lucky without participating in any lottery or game.

When email phishing is received, do not click the link or forward the email to another person.  You do not need to respond to the sender, asking for its legitimacy.

2. The best way to navigate through the knowledge CHECK is <u>A. Click the Back button</u> to return to the video.

Thus, when you get a phishing email, your response should be <u>Options B and E</u>.

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4 0
1 year ago
Which of the following promises is subject to the "strict performance" standard? Assume that performance of the promise is not a
blagie [28]

Answer:

A promise to deliver a deed

Explanation:

The term, 'strict performance' is used to describe a contract between two parties. A contract is an agreement between two parties, and it is legally binding. When discharging contracts involving services, 'substantial performance' is required. For example, if I tell a painter to paint my house blue except for the kitchen and storeroom which should be painted white, and he does accordingly but failed in painting the kitchen white, he has performed substantially even though there was a minor breach. The consequences of which would be borne by him.

'Strict performance' is required in contracts where the terms are stated in express terms and the standards are very high. A 'deed' is such a contract because it is a document specifying the legal rights of a person or the ownership of a property. It requires the signatures of the two parties. Therefore, strict performance and adherence to the contractual deed are required.

4 0
2 years ago
You are looking at three different job options, one in Pennsylvania, one in Texas, and one in New York. The offers are as follow
tamaranim1 [39]

Answer:

Texas will be a better option as the net pay after income tax is higher than the other cities.

Explanation:

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New York after tax income:   68,000 x ( 1 - 6.85%) =  63,342

5 0
2 years ago
An experienced employee who supervises, coaches, and guides lower-level employees by introducing them to the right people and ge
torisob [31]

Answer:

Mentor

Explanation:

The mentor is the person who has knowledge, experience, skills and he or she is able to guide, motivate, gives the training, supervise the lower skill employees so that they can perfect in their work.

But for motivating, guiding the employees we need to appoint the right people who belong from organizational sponsor so that the lower level employees could able to accomplish their tasks so that the overall objective of the company could be accomplished.

3 0
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