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k0ka [10]
3 years ago
9

Refer to the T-account below: Manufacturin Overhead (2) (3) (4) (5) 9,000 (12) 15,000 80,000 30,000 159,000 Bal. 167,000 167,000

8,000 The ending balance of $8,000 represents which of the following? A) Underapplied overhead. B) Manufacturing overhead that will be carried over to the next period. C) Overapplied overhead. D) A bookkeeping error.
Business
1 answer:
Flura [38]3 years ago
5 0

Answer:

C) Overapplied overhead

Explanation:

The ending balance of $8,000 represents the overhead overapplied as the credit side is more than the debit side related to production i.e as the credit side is $167,000 and the debit side is $159,000 so the credit side is greater than the $8,000

Therefore the correct option is c.

Hence, the other options are wrong

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Exercise 22-18 Manufacturing cycle time and efficiency LO A4 Oakwood Company produces maple bookcases to customer order. The fol
Zarrin [17]

Answer:

1. The company's manufacturing cycle time  is 17.4 days.

2. The company's manufacturing cycle efficiency is 0.40

Explanation:

1. Manufacturing cycle time

= Process time + inspection time + move time + wait time

= 7 + 0.6 + 4.8 + 5

= 17.4 days

Therefore, The company's manufacturing cycle time  is 17.4 days.

2. manufacturing cycle efficiency

= process time/manufacturing cycle time  

= 7/17.4

= 0.40

Therefore, The company's manufacturing cycle efficiency is 0.40

5 0
3 years ago
How should factory overhead variances be treated in a journal entry to apply factory overhead?
AURORKA [14]

Factory overhead variances should be broken out into their individual components and reported separately as either debits or credits to their individual variance accounts should factory overhead variances be treated in a journal entry to apply factory overhead

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.

One credit is equivalent to a 30-second voice message. A voice message can be recorded for up to 120 seconds. The longer the voice message, the more credit you will get for shipping per phone number. 1-30 seconds = 1 credit per phone number.

An example of credit is a celebration for graduating from medical school while working two jobs. Examples of loans are amounts that are available in a bank account or credited to a checking account. An example of credits is the number of English courses required for a degree.

Learn more about credits  here

brainly.com/question/13375913

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5 0
2 years ago
Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure. From prior years' experience
MA_775_DIABLO [31]

Answer: Income statement $100,000

Balance sheet warranty liability $Nill

Explanation:

Since we are at the end of the period and all activities has been concluded with no expectation of claim of repairs. The firm will only record the cost incurred for current period on repairs which is $100,00 ( $100*1000) . The liability will be zero since the company has taken care of all repairs for the period.

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3 years ago
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4 0
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sasho [114]
The answer is Positioning.
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3 years ago
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