Answer:
The answer is given below;
Explanation:
The $ 5 collected will be treated as miscellaneous revenue.The cash over and short account will be credited for $5.
As the cash receipts are $ 105 and sales revenue is $100.The difference amount will be treated as miscellaneous revenue.
The journal entry will be;
Cash Dr.$105
Sales Revenue Cr.$100
Miscellaneous revenue Cr.$5
Answer:
Predetermined overhead rate=$8 per hour
Applied overheads=$799,200
Explanation:
Predetermined overhead rate is calculated using the following formula:
Predetermined overhead rate=Estimated overhead/Estimated direct labor hours
Predetermined overhead rate=800,000/100,000
=$8 per hour
Applied overheads= Predetermined overhead rate*number of direct labor hours
Applied overheads=8*99,900
=$799,200
Answer:
A. A multi-country strategy is generally superior to a global strategy.
Explanation:
Foreign countries are the countries that are established in a foreign. Each and every foreign country has different consumer preference, buying power, taste and preferences.
Also there are no fixed exchanged rates plus the designs of the product are not fixed for another country as it depends on the customer demand which type of product they needed. Moreover, the growth rate is also different in different countries
Hence, option A is correct
Answer:
The correct answer is A
Explanation:
Direct cost is the cost or an expense which is directly tied to the production of the particular goods and services. It is usually variable costs, which means that the cost will fluctuate with the levels of the production like inventory.
Examples of direct costs are manufacturing supplies, direct labor, commissions, direct materials and piece rate wages.
So, the example of the direct costs for the service offered through accounting firm is the labor of the staff accountant who make the returns.
