Answer:
Manufacturing overhead applied = $85,000 * 130%
Manufacturing overhead applied = $110,500
Under/Over-applied overhead = Manufacturing overhead - Actual overhead
Under/Over-applied overhead = $110,500 - $115,000
Under-applied overhead = $4,500
Hence, the Under applied manufacturing overhead is $4500
Answer:
case 1)
bonds payable 24,000
loss on retirement 5,000
discount on BP 4,500
cash 24,500
case 2)
bonds payable 24,000 debit
premium on BP 1,000 debit
gain on retirement 500 credit
cash 24,500 credit
Explanation:
we are going to write off the bonds payable and their discount account
we also debit the cash account for the amount of cash outlay to retire the bond
the difference between cash and the carrying value will be the loss on retirement when lower
and a gain on retirement when higher.
case 1)
carrying value 19,500
total cash outlay (24,500)
loss on retirement (5,000)
case 2)
carrying value 25,000
total cash outlay (24,500)
gain on retrement 500
If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.
<h3>What is Labor productivity?</h3>
Labor productivity is use to measure the output of a labour based on hourly basis.
Labor productivity is usually determined by the amount of Capital that is investment. This include technological and human capital.
Therefore, If the capital stock fixed while the supply of labor increases, it is likely that the productivity of labor will fall.
Learn more on productivity here,
brainly.com/question/2992817
The opportunity cost in the presented situation is the cost of the ball
The opportunity cost is an economic term that refers to the cost of the alternative that we give up when we make a certain decision, including the benefits that we could have obtained from having chosen the alternative option.
According to the above, the opportunity cost in the situation presented is the cost of the ball (option B) because the collector gave up this opportunity and preferred to buy the hockey jersey.
Learn more in: brainly.com/question/13036997
Answer:
True
Explanation:
Henry Gantt developed the Gantt chart to lessen the hardship of the project schedule in 1917. That chart exhibits the advancement of any projects with the help of timing or schedule. It is a parallel bar chart. The work activity is shown on a separate line while bar placing from early start to early finish for each activity. The Gantt chart is a conventional project management tool to track the progress of projects. Therefore, the statement is true.