Answer:
The manufacturing overhead applied to work in process is:
D. $79,000
Explanation:
a) Data and Calculations:
Beginning work in process inventory 30,000
Direct materials used in production 50,000
Direct labor 60,000
Total manufacturing costs to account for 219,000
Manufacturing overhead applied to WIP 79,000 (219,000 - 140,000)
Ending work in process inventory 72,000
b) The manufacturing overhead applied to Work in Process is the difference between the total manufacturing costs to account for and the costs of beginning work in process, direct materials, and direct labor for the period. When the ending work in process is deducted from the total manufacturing costs, the resulting figure represents the cost of goods transferred to finished goods inventory.
D overhead power lines are super dangerous! While A and B are also very dangerous, you aren't going to get electrocuted from it
Answer:
A government company is a company registered under the Indian Companies Act in which not less than 51% of paid up share capital is held by the central government or any state government or partly by central government partly by one or more state governments.
Explanation:
A government company is a company registered under the Indian Companies Act in which not less than 51% of paid up share capital is held by the central government or any state government or partly by central government partly by one or more state governments.
Answer: $74,000
Explanation:
The Average Investment refers to the average cash invested into a particular project and is useful in calculating the rate of return. The simple formula is to add the beginning value of the asset to its ending value and divide this by 2.
The ending value in this case would be the salvage value;
Average Investment = 
= 
= $74,000
Answer:
Reserve Ratio
Explanation:
Using monetary policy, the Federal Reserve increases Reserve Ratio to reduce the money supply in the economy.
The reserve ratio determines the reserve amounts required, by the Federal Reserve, to be held in cash by banks. This money is kept aside by the bank and is not available to be loaned out to the general public. If the Reserve Ratio is increased, more money will be held in reserves hence a reduction in the money supply in the economy.
