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faust18 [17]
3 years ago
14

The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicat

es that 7,000 direct labor-hours will be required in February. The variable overhead rate is $8.80 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $102,900 per month, which includes depreciation of $18,050. All other fixed manufacturing overhead costs represent current cash flows. The February cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

Business
1 answer:
Ahat [919]3 years ago
6 0

Answer:

Check the explanation

Explanation:

The February cash disbursements for manufacturing overhead on the manufacturing overhead budget <em><u>(which are records or executable plans that contains all the costs, other than labor cost and that of raw materials, which is expected to be incurred by a manufacturing firm or department during the period of a financial year.) </u></em>can be seen in the attached image below:

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Answer:

60

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3 0
3 years ago
In Year 8, Seda Corp. acquired 6,000 shares of its $1 par value common stock at $36 per share. During Year 9, Seda issued 3,000
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Answer: Please see answer in explanation column

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Using the  cost method,  treasury stock is credited for cost of the shares when it is reissued, while Cash is debited for amount received.  Also, additional paid-in capital from treasury stock  will be credited to show the difference.

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Date             Account                        Debit                   Credit

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