<span>The stage of the new-product process with the </span>post-it® flag highlighter is the Screening and evaluation. It is the stage of the new-product process ( post-it® flag highlighter) that involves internal and external evaluations of the new-product ideas so as to eliminate those that warrant no further effort.
Answer:
The amount of factory overhead applied in October is $63,300.
Explanation:
Goods finished + Oct 31 work in progress = direct materials + direct labor + oct 1 balance + factory overhead
360,000 + 21,000 = 96,700 + 201,000 + 20,000 + Factory Overhead
381,000 = 317,700 + Factory overhead
Factory overhead = $63,300
Therefore, The amount of factory overhead applied in October is $63,300.
Answer:
Make-A-Wish foundation
Earth hours
Explanation:
make a wish donates money and necessities
earth hours supports australian environment protection
Answer:
Market based transfer pricing should be made only when it leads to the highest total profit for all sub units collated as a consolidated results of the entire organization.
Explanation:
Distress prices signal a markdown in the price of a good to sustain its production in the face of prevailing fall in prices.
When supply outstrips demand and sales slows down, continuing the production of the item is preferable as it covers some of the fixed costs of the product.
The distress price is the variable cost of the product plus a minimum mark-up.
The dual transfer prices should be used for judging performance if distress prices prevail
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $11,181
To Allowance for doubtful debts $11,181
(Being bad debt expense is recorded)
The computation of the bad debt expense is shown below:
= (Accounts receivable × estimated percentage given
) - (credit balance of Allowance for Doubtful Accounts)
= ($206,300 × 7%) - ($3,260)
= $14,441 - $3,260
= $11,181
