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
lutik1710 [3]
3 years ago
15

At the end of the year, a company has a $1,200 debit balance in Manufacturing Overhead. As a result, the company:a.makes an adju

sting journal entry by debiting Manufacturing Overhead for $1,200 and crediting Manufacturing Overhead for $1,200. b.makes no adjusting journal entry because the difference between actual overhead and the amount applied are a normal part of job order costing and will average out over the next year. c.makes an adjusting journal entry by debiting Manufacturing Overhead Expense for $1,200 and crediting Manufacturing Overhead for $1,200. d.makes an adjusting journal entry by debiting Cost of Goods Sold for $1,200 and crediting Manufacturing Overhead for $1,200.
Business
1 answer:
Nonamiya [84]3 years ago
5 0

Answer:

d. makes an adjusting journal entry by debiting Cost of Goods Sold for $1,200 and crediting Manufacturing Overhead for $1,200.

Explanation:

The debit balance of $1,200 in the Manufacturing Overhead account represents under-applied overhead.  To ensure that the Cost of Goods Sold is accurate, the debit balance is debited to the Cost of Goods Sold while the corresponding credit goes to the Manufacturing Overhead account.

You might be interested in
One year after graduating from college, sam earned $42,000. each year, he earned $4000 more. what function, written in sequence
Shalnov [3]
Sam has $42,000 one year after graduating. So when he graduates from college, he would have $38,000.

The answer would be:
an=4,000n+38,000

Hope this helps!
6 0
3 years ago
What does a balanced lifestyle look like? choose a job you would like to have and describe how you could keep your life balanced
Stels [109]

Balance life is the ability to manage one's life effectively, given attention to all that is needed.

<h3>What is balance lifestyle?</h3>

Balanced lifestyle occurs when an individual is able to manage all aspect of life without affecting each other.

The individual is able to work effectively and still have a good time with his or her family.

An individual with a personal business can have a flexible schedule to accommodate all that matters to his lifestyle.

Therefore, Balance life is the ability to manage one's life effectively, given attention to all that is needed.

Learn more about balance life here,

brainly.com/question/17760650

#SPJ4

8 0
2 years ago
Calculate the present value of the following: a-1. Annual payment of $800 for 10 years at 5% interest. (Do not round intermediat
kipiarov [429]

Answer:

a-1 Present value = 6,177.39

a2- Present Value =6,227.79

a3- Choose the payment stream with the highest present value = a2

b1- Present Value=3,353.98

b2-Present Value=2,805.28

b3-Choose the payment stream with the highest present value = b1

Explanation:

a-1 describes an ordinary annuity whose present value is calculated as follows:

Present value =PMT*\frac{[1-(1+i)^-^n]}{i}

where PMT=$800; i= 5%, n= 10

Present value =800*\frac{[1-(1+0.05)^-^1^0]}{0.05} = 6,177.39

a2- Present value =600*\frac{[1-(1+0.05)^-^1^5]}{0.05} = 6,227.79

a3- If I were receiving these payments annually, I would prefer the payment stream with the highest present value ie a2 -Annual payment of $600 for 15 years at 5% interest.

b1- Present value =800*\frac{[1-(1+0.20)^-^1^0]}{0.20} = 3,353.98

b2-Present value =600*\frac{[1-(1+0.20)^-^1^5]}{0.20} =2,805.28

b3- f I were receiving these payments annually, I would prefer the payment stream with the highest present value ie b1- Annual payment of $800 for 10 years at 20% interest.

3 0
3 years ago
If a researcher were to ask consumers to quickly name the top 3 brands of computers they might consider purchasing, the most com
Murrr4er [49]

Answer:

C. Evoked Set

Explanation:

Evoked set simply describes a set of brand that comes to a buyer's mind when a thinks of buying a product. They are brands that customers are aware of and when they consider buying a product, they think of those they are aware of. A good example is the one asked in the question, when a customer thinks about buying a computer, the brands that he's aware of and think about would most likely be Dell, Apple and Hp. In marketing, achieving evoked set is the wish of every marketer of a particular brand. This is because, these categories of goods are the ones that are most likely to be purchased. Lots of companies spends a lot in advertising to make it to customers evoked set because of the presumed benefits that comes with it.

8 0
3 years ago
Flip Flop, Inc. treated interest on uncertain tax liabilities as interest expense and penalties as part of selling, general and
borishaifa [10]

Answer:

Flip Flop Inc can still treat Interests as Interest expense and treat penalties as Fees, dues, and subscriptions.

Explanation:

Interest expense is a non-operating expense shown on the income statement. It represents interest payable on any borrowings – bonds, loans, convertible debt or lines of credit. It is essentially calculated as the interest rate times the outstanding principal amount of the debt

Penalties can be categorized under deductible expenses called Fees, dues, and subscriptions.

Levies and other fees paid to an accountant or bank; memberships fees to professional organizations, subscriptions to industry publications and funds paid as penalties are all deductible.

3 0
3 years ago
Other questions:
  • As an unenrolled tax preparer, Daryl is subject to
    6·2 answers
  • Allison is the CEO of a large consumer products company. She asks the marketing research department to gather information to hel
    6·1 answer
  • How do surpluses and shortages help establish the equilibrium price ?
    10·1 answer
  • Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k
    14·1 answer
  • Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at co
    13·1 answer
  • Please help. I will mark you as brainliest !!
    5·2 answers
  • ..............................................................................
    13·1 answer
  • State 3 typical land uses in rural-urban fringe​
    11·2 answers
  • Variable Costs + Fixed Costs = ?<br> Total output<br> Total costs<br> Marginal costs
    7·1 answer
  • Failure by a promissory notes maker to pay the amount due at maturity is known as_________.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!