Answer:
The overhead for the year was $130,075
Explanation:
GIVEN INFORMATION -
ESTIMATED ACTUAL
Manufacturing overhead $132,440 $128,600
Machine hours 2800 2750
Here for calculating the overhead for the year we will use the following formula =
\frac{Estimated Manufacturing Overhead}{Estiamted Machine Hours}\times Actual Machine Hours
= \frac{\$132,440}{2800}\times 2750
\$47.3\times 2750 = \$130,075
Therefore the overhead for the year was $130,075
Answer:
Donative intent.
Explanation:
Donative intent refers to the conscious desire to make a gift. This is different from giving something for nothing by mistake or under pressure.
A. Raymond applied for the position, and he was called for an interview two days later.
(This sentence has more than one subject and a predicate, hence is a compound sentence)
Answer and Explanation:
The journal entry is given below:
Work in process inventory Dr $100,000
To raw material inventory $100,000
(being the usage of the direct material is recorded)
here the work in process is debited as it increased the assets and credited the raw material inventory as it decreased the assets
Answer:
D) the closing prices of bonds in the index.
Explanation:
The Dow Jones Corporate Bond Index is collection of 96 corporate bonds that are equally weighted. It measures the returns on corporate shares and pricing is done daily.
Investors study this index to get insights from trends noticed. These insights are used to make informed decisions on the best investment to make.
The Dow Jones Corporate Bond index displays daily closing balances of the 96 corporate bonds that make up the index. These closing balances are then compared to historical data.
