Hi there
First find Predetermined oH rate
Predetermined oH rate is
total estimated overhead divided by
estimated direct labor
Predetermined oH rate=
450,000÷180,000
=2.5
the amount of overhead to be allocated to finished goods inventory if there is $20,000 of total direct labor cost in the jobs in the finished goods inventory is
2.5×20,000
=50,000. ...answer
Good luck!
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In order to solve for the percentage change in stock price,
you need to determine first the formula.
Rate of Change = ( ( current value / previous value ) – 1 )
x 100
Current value = $29.77
Previous Value = $28.35
= 29.77 / 28.35 – 1 x 100
Rate of Change =
5.01%
The total finance charge of the Tamora is rounding off and approx to $3,403. 53.
The given information:
Principal = 10,675
Interest rate = 4.75% per year compounded monthly.
An additional $939.25 was paid in service charges.
Computation of the Total Amount of Tamora:
The charge is very close to the amount of $3,403. 53 and therefore, the correct option is c.
To know more about the calculation of the finance charge, refer to the link below:
brainly.com/question/5450317
Answer:
The entry on May 7 to record the purchase
Debit : Raw Materials $80,000
Credit : Accounts Payable $80,000
Explanation:
The entry on May 7 to record the purchase is prepared above.