1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sveta_85 [38]
3 years ago
10

Goods in process inventory account of a manufacturing company that uses an overhead rate based on the direct labor cost has a 4,

400 debit balance after all posting is completed. the cost sheet of the one job still in process shows direct materialcost of 2,000 and direct labor cost of 800. Therefore the companys overhead application rate is?
Business
1 answer:
mafiozo [28]3 years ago
7 0

Answer:

Overhead absorption rate

= Overhead absorbed/Actual labour cost x 100

= $4,400/$800  x 100

= 550% of direct labour cost

Explanation:

Since the overhead absorbed is $4,400, there is need to divide the overhead absorbed by actual direct labour cost multiplied by 100. This gives the overhead application rate.

You might be interested in
Where in an e-mail would you find information about the action required?
Masteriza [31]

Answer:

The message

Explanation:

7 0
2 years ago
Read 2 more answers
Tony works as a salesperson at Franklin Delights, a company that specializes in labor-saving kitchen appliances. When Tony gives
klasskru [66]

Answer: adaptive selling

                           

Explanation: In simple words, adaptive selling refers to the ability under which an employee changes his or her behavior with the change in the status of the clients.

Under such style of selling, the salesman performing highly focus on the type of customer, the situation in which sales is made and the feedback received and tailors his or her approach to sales accordingly.

In the given case, Tony is stating different facts regarding the product for different customers. Hence we can conclude that he is doing adaptive selling.

7 0
3 years ago
Regina finds a new car costing $25,000 and a used car costing $17,000. Which car will have higher insurance premiums and why?
GaryK [48]
The used car will have higher insurance premiums because there is a higher chance that it will malfunction and that they will have to pay for your expenses. A new car is cheaper when it comes to premiums because it is expected to last and the insurance companies are safer in this regard.
3 0
2 years ago
Documents with a lot of text and not much white space:_______
Maru [420]

Answer:

make business texts look cluttered

Explanation:

Documents with a lot of text and not much white space makes business text look cluttered due to a lot of content which makes the text seem disorganized. Another disadvantage of cluttered text is that they are difficult to comprehend by an untrained eye.

4 0
3 years ago
Ramsey Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subsc
Alexxandr [17]

Answer:

The correct answer is B

Explanation:

The journal entry to record the sale of the subscription is as:

Cash A/c.............................................................Dr       $600,000

   To Unearned Subscription Revenue A/c..........Cr      $600,000

As company made a sale of the subscription, so cash is received from sale therefore any increase in asset is debited. So, the cash account is debited. And the unearned subscription revenue is credited because cash is received against subscription sale.

8 0
3 years ago
Other questions:
  • On January 1, 2018, the stockholders’ equity section of Nance Corporation shows: Common stock ($2 par value) $1,200,000; paid-in
    5·1 answer
  • True or false, careers cannot be built from and number of jobs, only a select few
    5·1 answer
  • GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $72,000 for 6-months services in adv
    11·1 answer
  • John gets a job with a large firm that audits small businesses. while working there, he becomes friends with dave, who invites h
    6·1 answer
  • TB MC Qu. 4-44 Privott, Inc., manufactures ... Privott, Inc., manufactures and sells two products: Product Z9 and Product N0. Th
    11·1 answer
  • Definition of home trade​
    15·1 answer
  • What is the weighted average cost of capital for a corporation that finances an expansion project using 35% retained earnings an
    11·1 answer
  • Free pointsvguf dhscjbf hcjn
    11·2 answers
  • Penny has been using the same brand of shampoo since her mother first bought it for her. She switches to another brand after her
    10·1 answer
  • Write a proposal on why your business should implement a recycling program. (will give brainliest)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!