Answer:
The correct option is 1
Explanation:
In Absorption costing, all production costs: direct labor, direct materials, and factory overhead whether fixed or variable are considered products costs.
In variable costing, only direct materials, direct labor and variable factory overhead are considered product costs.
So if units are produced are greater than units sold Absorption cost will be greater than Variable cost and vice versa.
Answer:
$205,000
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Stockholders' equity = ($300,000 - $180,000) + ($375,000 - $240,000) - $50,000.
Explanation:
SE = (Total Assets - Total Liabilities) + (Revenues - Expenses) - Dividends
Answer:
The manufactured overhead was under-estimated.
Explanation:
Giving the following information:
The actual manufacturing overhead costs incurred were $515,000.
Estimated Manufacturing overhead was $500,000.
Overhead allocation is the distribution of indirect costs to produced goods. When the administration has undervalued and under-funded the amount of money needed for non-production costs, they have under-allocated overhead.
<u>Over applied manufacturing overhead:</u>
<u></u>
Applied overhead>Actual overhead
<u>Under applied manufacturing overhead:</u>
Applied overhead<Actual overhead
In this exercise:
Actual manufacturing overhead - Estimated Manufacturing overhead= 515000- 500000= 15000
The manufactured overhead was under-estimated.
Sorry but you need to answer this one bud. I would help you if I could but I don't know what makes you, well you. :)
Answer:
1. No, becuase someone could steal it.
2. No, becuase the fine you get for not paying a bill will grow.
Explanation:
