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3 years ago

In a job order cost system, a credit to Manufacturing Overhead will be accompanied by a debit to :

Business

1 answer:

marysya [2.9K]3 years ago

8 0

Answer:

The correct answer is option C.

Work in Process Inventory

Explanation:

Manufacturing overheads are the costs other than the direct materials and the direct labour which are related to the manufacturing process of the company. It is taken into account to find the exact cost of manufacturing.

Manufacturing Overhead are direct labour and direct material these cost will be transferred to work in process inventory.

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Kyle Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under

Rufina [12.5K]

Answer and Explanation:

The computation is shown below

As we know that

1. EPS = ( Net income - dividends ) ÷ Average number of share

For Plan 1

Number of share = 715,000

EPS = 1600000 ÷ 715000

= 2.23

For Plan 2

Net income = EBIT = $1.6 million = $1,600,000

Interest = 0.07*6,750,000 = 472,500

EBT = 1,127,500

Tax = 0

Net Income = 1,127,500

Numberof share = 465,000

So,

EPS = $1,127,500 ÷ 465000

= 2.42

For Plan 1

EPS = 3100000 ÷ 715000

= 4.33

For Plan 2

When EBIT = 3,100,000

Interest = 0.07 × 6,750,000 = $472,500

Net Income = 2,627,500

So,

EPS = $2,627,500 ÷ 465000

= 5.65

Plan 1 EBIT = Plan 2 EBIT

EBIT ÷ 715000 = (EBIT - 0.07 × $6,750,000) ÷ 465000

EBIT = 1,351,350 or $1.35 million

6 0

3 years ago

Mary agrees with this logic: if all violins are musical instruments, and if all musical instruments make noise, then all violins

Nata [24]

<span>Based on this information, we would conclude that mary is in the concrete operational stage of development. The concrete operational stage of development is the third stage of Piaget's theory of cognitive development. In this stage it shows how someone starts thinking as a child grows up and it relates to logical thoughts as they get older. </span>

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4 years ago

As you know, the United States has consistently run a trade deficit for the past forty years. In which quarter(s), did the trade

s2008m [1.1K]

Answer:

The United States has consistently run a trade deficit for the past forty years and the trade deficit fall is explained below in details.

Explanation:

The United States commerce deficit fell for the initial time in six ages in 2019 as President Donald Trump pounded China with import expenses. The Commerce Department said Monday that the hole among what the United States trades and what it purchases abroad dropped 1.8% last year to $626.9 billion.

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3 years ago

Which of the following contributed most significantly to the population trend in pre-Columbian Mexico described in the excerpt?

AURORKA [14]

Answer:

The correct answer is A: Trade and settlement resulting from maize cultivation

Explanation:

Before Europeans arrived in Mexico, there were several well-settled tribes and small kingdoms in the region which were in constant conflict since generations.

Trade and Settlement due to maize cultivation had taken place thousands of years ago and by the time Europeans reached this part of the world, they found a thriving civilization which was not nomadic.

As a major crop, maize was able to provide sufficient nutrition and helped in the development of a major population centers including Mexico City.

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3 years ago

Read 2 more answers

at land rover, voluntary discussion groups of 4 to 12 employees met weekly to identify cost savings, improve product quality, an

Katarina [22]

Explanation:

you would have 5000

i hope i help you

7 0

3 years ago