Appraising clients behavior thanks :)
Answer:
E. Over applied overhead
Explanation:
Over applied overhead is defined as excess amount of overhead applied during a production period over the actual overhead incurred during that period. In other words, it means excess overhead applied to work over the amount of overhead actually incurred.
When this occurs, it is called favourable variance and it is added to the budgeted profit in the end of the accounting period in a financial statement.
The allowance for uncollectible accounts is an example of a contra account, specifically, <em>to the Accounts Receivable account.</em>
In the general ledger, the contra account:
- reduces the main or related account's value
- preserves the main account's historical value
- nets the main or related account to its current book value.
- Examples of contra accounts are owner's drawings, accumulated depreciation, allowance for doubtful accounts, treasury stock, dividends, etc.
- The contra accounts usually have opposite balances to the main accounts. The contra account of an asset account has a credit balance while the contra account of a liability or equity account has a debit balance.
Thus, the Accounts Receivable's contra account is the Allowance for Uncollectible Accounts.
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Answer:
The weighted-average unit contribution margin is $7.40
Explanation:
The weighted average unit contribution margin is given by the below formula:
weighted-average unit contribution margin=Wa*Margin of A+Wb*Margin of B
Wa is the weight of product A=70% or 0.70
Margin of product A is $8.04
Wb is the weight of product B =30% or 0.30
Margin of product B is $5.92
weighted-average unit contribution margin=(0.70*$8.04)+(0.30*$5.92)
weighted-average unit contribution margin=$ 7.40
Answer:
Objectives of HRM include ensuring availability of resources, easy access to data, on-time payroll, ensuring compliances, etc. HRM objectives are basically influenced by organisational goals and vertical. Objective of HRM is to ensure a stable work environment with data at one place and efficient operations.
