1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aliun [14]
3 years ago
13

Townley inc has provided the following data for the month of February. There were no beginning inventories; consequently, the di

rect labor, and manufacturing overhead applied listed below are all for the current month.
Work In Process Finished Goods Cost of Goods Sold Total
Direct materials $4,240 $14,720 $41,680 $60,640
Direct labor 10,040 29,440 83,840 123,320
Manufacturing-
overhead applied 5,830 11,110 34,980 51,920
Total $20,110 $55,270 $160,500 $235,880

Manufacturing overhead for the month was overapplied by $4,200.
The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts.
The work in process inventory at the end of March after the allocation of any underapplied or overapplied manufacturing overhead for the month is closest to ______. (Round intermediate percentage computations to the nearest whole percent.)
Business
1 answer:
serious [3.7K]3 years ago
6 0

Answer:

$19,648

Explanation:

The computation of the ending work in process after considering the allocation of any under applied or over applied is shown below:

But for that first we have to find out the percentage of allocated overhead which is given below:

= Work in process manufacturing overhead applied ÷ Total manufacturing overhead applied

= $5,830 ÷ $51,920

= 11%

And, the over applied manufacturing overhead is $4,200

So, its allocation is

= $4,200 × 11%

= $462

Now the ending work in process is

= $20,110 - $462

= $19,648

You might be interested in
You have been working at your job for over a year. your boss starts offering you new assignments with weekly meetings in order t
miss Akunina [59]
I reach my goals im now on a good
8 0
2 years ago
Read 2 more answers
________ means the supply curve has shifted to the right, while ________ refers to a movement along a given supply curve in resp
Flauer [41]

<u>An increase in supply</u><u> means the supply curve has shifted to the right, while </u><u>an increase in quantity supplied </u><u>refers to a movement along a given supply curve in response to an increase in price.</u>

What would shift a supply curve down and to the right?

  • In contrast, a drop in input costs will cause the supply curve to move to the right. Technology.
  • An increase in technology will shift the supply curve to the right. Conversely, a decrease in technology will shift the supply curve to the left.

What does it mean when the supply curve shifts to the right?

  • When demand is constant and supply is increasing, the supply curve moves to the right, creating an intersection where quantity and prices are lower.
  • On the other hand, a negative change in supply causes the curve to move to the left, raising prices and lowering quantity.

Which would cause a shift in the supply curve ?

  • When a change is brought about by a source other than price, the supply curve shifts.

Learn more about supply curve

brainly.com/question/14925184

#SPJ4

5 0
1 year ago
You expect to receive $2,600 upon your graduation and will invest your windfall at an interest rate of 0.33 percent per quarter
kupik [55]

Answer:

n= 39.49 years

Explanation:

Giving the following information:

Present value (PV)= $2,600

Future value (FV)= $4,375

Interest rate (i)= 0.33/100= 0.0033

<u>To calculate the number of years, we need to use the following formula:</u>

n= ln(FV/PV) / ln(1+i)  

n= ln(4,375/2,600) / ln(1.0033)

n= 157.96/4

n= 39.49 years

5 0
2 years ago
What is the difference between online payment and in-person payment
hram777 [196]

Answer: online is virtual (phone,site,ect) in person is face to face interaction

Explanation:

hope this helpeddddddd

3 0
1 year ago
Read 2 more answers
The employees of Mapes, Inc. were not happy with the management after a change in the board of directors. The new management did
Evgen [1.6K]

Answer:

Maintain employee relations

Explanation:

Employee relations can be defined as the relationship or cordiality that exists between employers and employees. Also known as industrial relations, employee relations is aimed at getting the employers to interact and provide the necessary environment and incentives to ensure that employees remain committed to their jobs.

From the above question, the lack of employee relations maintenance or employee relation breakdown was responsible for the dissatisfaction of the employees with the new board of directors as the lack of relations did not afford them the opportunity to have their needs addressed.

Employee relations is very important in any organization as it helps to keep the organization running smoothly as a result of the employees' commitment to their jobs and duties.

Cheers

4 0
3 years ago
Other questions:
  • Which of these keeps prices below equilibrium? A. Minimum price B. Price floor C. Minimum-wage laws D. Rent-control laws
    8·1 answer
  • Candy is trying to decide between two job offers. The compensation package for job A includes a $300-per-month health insurance
    10·1 answer
  • Why is infrastructure a public good
    12·1 answer
  • Schwering Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocat
    10·1 answer
  • Currently, in the United States, the greates volume of goods and services are shipped by
    10·1 answer
  • You are considering to buy a $250,000 property with a 80% LTV ratio and have two mortgage choices: a FRM or a FRM with an IO per
    5·1 answer
  • Your large retail store sells power tools and construction supplies, and your customer base is made up primarily of home improve
    5·1 answer
  • Pina Colada Corp. holds Tamarisk, Inc. $44400, 120-day, 15% note. The entry made by Pina Colada Corp. when the note is collected
    14·1 answer
  • Explain<br> What an<br> organization High- uncertainty is
    14·1 answer
  • Which of the following statements is TRUE?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!