<span>Auto insurance is needed primarily because of </span>potential liability claims.
If you don't have it and you don't have insurance, you have to fix your car out of your own money, as well as pay for repairs of other cars if it is proven that it was your fault.
Answer:
$147,000
Explanation:
Calculation to determine what The amount of overhead debited to Work in Process Inventory should be:
Using this formula
Overhead debited to Work in Process Inventory=Factory labor costs*Predetermined overhead rate
Let plug in the formula
Overhead debited to Work in Process Inventory=$210,000*70%
Overhead debited to Work in Process Inventory=$147,000
Therefore The amount of overhead debited to Work in Process Inventory should be:$147,000
Answer:
Explanation:
Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro.
Answer:
The correct answer is option (c) $264 underapplied
Explanation:
Given data;
Direct labour hour = 22160
Total Manufacturing overhead cost= $585,024
Actual direct labor hour = 22150
Actual Manufacturing overhead cost = $585024
Calculating the Predetermine overhead rate using the formula;
Predetermined Overhead rate=Total Overhead Cost/Total Direct Labor Hour
Predetermined Overhead rate = $585024/22160
=$26.4 per labor hour
To determine the under-applied amount of overhead cost, we use the formula;
Under−Applied amount= Estimated Overhead Cost*Actual Overhead Cost
Substituting into the formula, we have
(22150*26.4)-585024
Under applied = $ 264
Engages in ' Corporate Social Responsibly' the money they earn will be given back to society
For example: a shoe factory allows its customer to buy a pair of shoes so the money goes to society the needy. There is trust between the company and customer and the money benefits society
