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Delvig [45]
3 years ago
14

Here is some basic data for Bella​ Company: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitione

d​ (includes $ 2 comma 900 of​ indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead costs​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.
Business
1 answer:
Nikolay [14]3 years ago
3 0

Answer:ompany: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitioned​ (includes $ 2 comma 900 of​ indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead costs​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

Explanation:ts​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

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Answer:ompany: Cost of materials purchases on account $ 81 comma 000 Cost of materials requisitioned​ (includes $ 2 comma 900 of​ indirect) $ 55 comma 000 Direct labor costs incurred $ 95 comma 300 Manufacturing overhead costs​ incurred, including indirect materials $ 93 comma 500 Cost of goods completed $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

 

Explanation:

 f manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma 250.

Hold on, our servers are swamped. Wait for your answer to fully load.

 $ 252 comma 200 Cost of goods sold $ 137 comma 600 Beginning raw materials inventory $ 19 comma 900 Beginning work in process inventory $ 34 comma 600 Beginning finished goods inventory $ 36 comma 000 Predetermined manufacturing overhead rate​ (as % of direct labor​ cost) 115​% The journal entry to record the allocation of manufacturing overhead involves a debit to work in process inventory of A. $ 75 comma 400. B. $ 63 comma

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Zitrik Corporation manufactured 90,000 buckets during February. The variable overhead cost-allocation base is $5.05 per machine-
Yanka [14]
1. What is the variable overhead spending variance? (HINT: The answer $980 unfavorable, but I need work to support this)
2. What is the variable overhead efficiency variance? (HINT: The answer is $4,040 unfavorable, but I need work to support this)
3 0
3 years ago
Suppose that the equation for the SML is Y = 0.05 + 0.07X, where Y is the average expected rate of return, 0.05 is the vertical
timurjin [86]

Answer:

Risk free interest rate is 5%

Y is 15.5% at a Beta of 1.5

X is 0.29 when Y is 7%

Explanation:

Risk free interest is 0.05 which 5% as given in the equation

The average expected return is given by Y

Y=0.05+0.07X

Since Beta is the same as X, when equals 1.5,Y is calculated thus

Y=0.05+0.07(1.5)

Y=0.05+0.105

Y=0.155

Y=15.5%

The value of Beta at an average return of 7% is computed thus:

7%=0.05+0.07X

where X is the unknown

0.07=0.05+0.07X

0.07-0.05=0.07X

0.02=0.07X

X=0.02/0.07

X=0.29

The scenario  illustrates that the Beta, which is the risk of investment and the Y , the expected average return are positively correlated.

6 0
3 years ago
Pallet Enterprise magazine is a business publication aimed at people who are in the pallet and container industries. It is only
horrorfan [7]

Answer:

Paid circulation

Explanation:

A paid circulation magazine can be simply explained to be a magazine that requires payment to have access to. That is, the magazine is available to persons that have pre-odered the magazine by means of subscription. The subscription could be weekly, monthly, bi-monthly, quarterly or yearly.

For pallet enterprise magazine, it is available through subscriptions and that no persons without subscription can have access to the magazine except through another individual that receives the magazine.

Cheers.

3 0
3 years ago
The following is a schedule of the projected unit sales of Western Company, which manufactures casual wear. Each unit sells for
Likurg_2 [28]

Answer:

The correct option is A,the fourth quarter budgeted revenue is $32500 as shown below.

Explanation:

The budgeted sales quantity for fourth quarter is 1300 units at $25 each.

From Economics equation of revenue equals price multiplied by quantity, the revenue for the fourth quarter is calculated below.

Revenue=P*Q

P=price=$25

Q=budgeted quantity=1300 units

Revenue=$25*1300

Revenue=$32500

The value of this revenue that would be collected in the same quarter is 75%*$32500 is $24375 while the balance of $8125 in the first quarter of the succeeding year.

This way cash flow planning in terms of matching capital payments with cash receipt is better enhanced.

7 0
3 years ago
Technician A says a fleet shop is usually connected with either a business that runs multiple vehicles or with equipment that is
saw5 [17]

Answer:

Technician A says a fleet shop is usually connected with either a business that runs multiple vehicles or with equipment that is maintained and repaired in house.

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