Answer:
COGS 3807 debit
FG 7896 debit
WIP 2397 debit
Factory Overhead 14,100 credit
--to record the underapplication of overhead--
Explanation:
overhead rate:
$515,000 overhead / 515,000 labor cost = $1
each labor cost generates a dollar of overhead.
221,400 x 1 = 221,400 overhead in COGS
459,200 x 1 = 459,200 overhead in Finished Goods
139,400 x 1 = 139,400 overhead in WIP inventory
Total applied 820,000
Actual 805,900
Underapplied 14,100
Now we weight each concept and determiante the portion underapplocated in each concept
![\left[\begin{array}{cccc}Item&Value&Weight&Allocated\\COGS&221400&0.27&3807\\FG&459200&0.56&7896\\WIP&139400&0.17&2397\\&&&\\Total&820000&1&14100\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DItem%26Value%26Weight%26Allocated%5C%5CCOGS%26221400%260.27%263807%5C%5CFG%26459200%260.56%267896%5C%5CWIP%26139400%260.17%262397%5C%5C%26%26%26%5C%5CTotal%26820000%261%2614100%5C%5C%5Cend%7Barray%7D%5Cright%5D)
We can't answer this question because you didn't show the "following"
The answer would be between A and D.
When consumers are characterized as preservers, makers, takers, changers, seekers, or escapers, this is because these reflect their "view of society."
<h3>What is economic sociology?</h3>
Economic sociology is the study of the manufacturing, distribution, transfer, and consumption of products and services using sociological concepts and methods.
Some key features regarding the economic sociology are-
- Economic sociology is especially concerned with the connections between economic activity and the rest of society, as well as changes in the organizations that contextualize as well as condition economic activity.
- Although traditional economic analysis begins with the atomistic individual, economic sociology typically starts with groups or entire societies, which it opinions as existing independently of it and partially comprising the individual.
- When economic sociologists focus on individuals, it is usually to investigate how their mutual interests, beliefs, as well as motivations to act are formed through their interactions.
To know more about the economic sociology, here
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<span>The most important factor is currency exchange rate.</span>
