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Sidana [21]
3 years ago
14

What entry would make to adjust the manufacturing overhead account for overallocated or underallocated​ overhead?

Business
1 answer:
LiRa [457]3 years ago
8 0

Answer:

Adjustments

1. Overallocated Manufacturing Overhead:

Debit Manufacturing Overhead

Credit Cost of goods sold

With the amount of overallocated manufacturing overhead.

2. Underallocated Manufacturing Overhead:

Debit Cost of goods sold

Credit Manufacturing Overhead

With the amount of underallocated manufacturing overhead.

Explanation:

When the manufacturing overhead is overallocated, the account has a credit balance.  To adjust the entry, the account is debited while the cost of goods sold is credited.  This reduces the cost of goods sold by the amount of the overallocation.  The opposite takes place with an underallocated overhead.  The purpose of the latter is to increase the cost of goods sold to reflect the overhead expense for the period.

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A cosmetic company manufactures products for skin and hair care for both men and women in the 20- to 50-year-old age group. Whic
meriva

Answer:

The correct answer is: Demographic.

Explanation:

To begin with, the term <em>''segmentation''</em> in the field of marketing, refers to the procedure of grouping the people into common groups according to their shared characteristics. Moreover, this procedure is done in order to make it easier for the company to understand to which market is the company addresing and who are they consumers.

To continue, there are many segmentation approaches, however the one used according to the age of the audience is the <em>''demographic segmenation''</em>, that focuses in the consumers' demographic variables such as age, sex and gender, assuming that their similar profiles will exibit similar purchasing patterns.

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3 years ago
Assume Merck (MRK) just announced that its next dividend will be $2, paid one year from now (you just missed the prior annual di
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Answer:

$28.57

Explanation:

Current price = D1/(Required return-Growth rate)

D1 (Next dividend) = $2

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Current price = $2/(0.1-0.03)

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Current price = $28.57143

Current price = $28.57

Hence, i will be willing to pay $28.57 for a share of Merck stock.

8 0
3 years ago
What will probably happen when the price of a product goes down?
Irina-Kira [14]

Answer: (D) More will be able to pay for that product

Explanation:

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When economists say that the demand for labor is a derived demand, they mean that it is Group of answer choices dependent on gov
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Answer:

related to the demand for the product or service labor is producing.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

In Economics, there are four (4) main factors of production and these are;

I. Land.

II. Labor (working).

III. Capital resources.

IV. Entrepreneurship.

Labor refers to the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

Generally, when these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.

Typically, when economists say that the demand for labor is a derived demand, what they do really mean is that, this demand for labor is related to the demand by the consumers for the product or service labor is producing.

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2 years ago
What is an accurate definition of experience?
sasho [114]

Answer: A)the collection of things a person has done

Explanation: just answered it EDGE 2021

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