Answer:
B. overstate the predetermined overhead rate.
Explanation:
As we know
The Predetermined overhead rate would be equal to
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours or machine hours)
In the given question, the direct labor cost is used for computing the predetermined overhead rate which is already wrong.
To find out the predetermined overhead rate, we always use the indirect cost instead of direct cost
This error could overstate the predetermined overhead rate as it would increase the indirect labor due to which overhead is also increased. So, automatically the rate would also be increased.
Answer:Hello! i am figuring this question out for you! one moment
Explanation:
Globalization affects all lives across the world with the world being completely connected by it. All of the points given here are valid.
Explanation:
Due to a globalized economy we are able to -
-Buy clothes and items from across the world and get them shipped to us. We also are able to buy things made in different parts of the world.
- The communication between the whole world is now clicks away from each other
- The websites we use are created in other countries sometimes.
-The businesses in one's own country are often foreign businesses.
All of these are things that are happening due to globalization as the world has become completely interconnected and interdependent.
Answer:
The correct answer is debit to Bad Debt Expense.
Explanation:
Taking into account the nature of both accounts, the registration of an account receivable is considered an asset taking into account that it is a callable value for the sale of products or services on credit, for which reason it is recorded in the debit to increase the company rights. In the exposed case, where the debt is considered uncollectible after exhausting many resources, the record is to recognize an expense (debit nature), against a credit to the account receivable with the objective of recognizing in the accounting the loss in the expense and the cancellation of the right in the asset.
