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LuckyWell [14K]
3 years ago
6

PB8.

Business
1 answer:
Sophie [7]3 years ago
3 0

Answer:

                                                                   Debit               Credit

Applied overheads                                    $110,000

Cost of sales (over applied overheads)                             $4,000

Overhead control account                                                 $106,000

Explanation:

Since the estimated overhead amounting to $110,000 are greater than the actual overheads amounting to $106,000, therefore the overheads are overapplied by $4,000.

The journal entry to disposed off the overapplied overheads are given below:

                                                                   Debit               Credit

Applied overheads                                    $110,000

Cost of sales (over applied overheads)                             $4,000

Overhead control account                                                 $106,000

                   

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For calendar year 2018, Stuart and Pamela Gibson file a joint return reflecting AGI of $350,000. Their itemized deductions are a
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Answer:

$71,300

Explanation:

Stuart and Pamela Gibson

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Total itemized deductions 71,300

6 0
3 years ago
Long Text (essay)
natita [175]
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The best way to learn what people will like or dislike abought your products
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3 years ago
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Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The compan
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Answer:

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Explanation:

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fixed expense=$31,900

target profit $6,250

contribution per unit=$140-$70

                                  =$70

unit sales at a target profit of $6,250=($31,900+$6,250)/$70

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Answer:

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