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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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Answer:

a.Social dimension

Explanation:

Social dimension is related to values norms, rules and roles in society. It has the most important influence on human behaviour, and values human rights and cultural diversity.

Carly is trying to communicate the social dimension of working with product managers from Latin America, Europe, and the United States. She was able to make them work together despite cultural differences.

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Georgia was contacted by the CEO to research if adding a new data center makes sense for the organization from an economic and o
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Georgia was contacted by the CEO to research if adding a new data center makes sense for the organization from an economic and operational stand point. Georgia agreed to perform "Feasibility Study".

<h3>What is Feasibility Study?</h3>

A feasibility study is an analysis that determines the chance of successfully completing a project by taking into account all pertinent economic, technical, legal, and scheduling issues.

The purpose of feasible study is-

  • An initial investigation of a prospective project or endeavour to assess its merits and viability is known as a feasibility study.
  • An unbiased analysis of a proposed project's technical, economic, financial, legal, and environmental issues is intended to be provided through a feasibility study.

There are four main elements that go into a feasibility study-

  1. Technical feasibility: The process of finding out how you're going to manufacture your good or service to see if it's feasible for your business is called technical feasibility.
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  3. Market feasibility (or market fit): Product-market fit occurs when an entrepreneur spots a gap in the market and develops a solution that consumers desire to purchase.
  4. Operational feasibility: The degree to which a proposed system resolves issues, seizes opportunities identified during scope definition, and satisfies requirements found during the requirements analysis stage of system development is measured by its operational feasibility.

To know more about feasibility study, here

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Sensitivity analysis determines the: Multiple Choice net present value range that can be realized from a proposed project. degre
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Answer:

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Sensitivity Analysis is a tool which is used in financial modeling to analyze how the net values of a set of independent variables affect a single dependent variable under certain specific conditions.

It shows how different values of the independent variable causes changes in the single dependent variable. It predicts the result of a decision given a certain range of variables.

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3 years ago
Which of the following are not directly involved in the revenue cycle?
Deffense [45]

Answer:

The correct answer is D (Receiving department clerk).

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The first three responses correspond to employees directly related to the main activity of the organization, sales generate income, the financial director executes tasks to maximize income, and the billing employee is responsible for generating information that allows to receive resources in the shortest time possible.

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A structure was built five years ago. Because of exceptional upkeep, the appraiser estimates the structure's condition today to
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Based on the useful life and the appraised age of the house, the effective age is <u>3 years.</u>

<h3>What is the effective age?</h3>
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As a result of the physical condition and upkeep of the property, the appraiser estimates it to be equivalent to a 3 year old home. This is therefore the effective age.

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