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damaskus [11]
3 years ago
13

Cushing Manufacturing assigns overhead based on machine hours. The MillingDepartment logs 1,800 machine hours and Cutting Depart

ment shows 3,000 machinehours for the period. If the overhead rate is $5 per machine hour, the entry to assignoverhead will show a
Business
1 answer:
morpeh [17]3 years ago
5 0

Answer:

Explanation:

The journal entry is shown below:

Milling work in progress A/c Dr $9,000

Cutting work in progress A/c Dr $15,000

     To Manufacturing overhead A/c             $24,000

(Being overhead allocation is recorded)

The milling work in progress is computed by

= Milling department machine-hours × $ overhead rate

= 1,800 machine hours × $5

= $9,000

And, The cutting work in progress is computed by

= Cutting department machine-hours × $ overhead rate

= 3,000 machine hours × $5

= $15,000

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The price of a stock on February 1 is $84. A trader buys 200 put options on the stock with a strike price of $90 when the option
Andrews [41]

Answer:

The net loss of the trader amounts to $1,000, which means the correct option is A

Explanation:

The payoff is computed as:

Payoff = Strike price - Option's Stock price

where

Strike price is $90

Option's Stock Price is $85

Putting the values above:

Payoff = $90 - $85

= $5 per option

The trader bought 200 options, so the payoff would be:

Payoff = Options × Price per option

= 200 × $5

= $1,000

And the option cost would be:

Option cost = Options × Option Price

= 200 × $10

= $2,000

So, there computing net loss or gain as:

Net loss or gain = Payoff - Option cost

= $1,000 - $2,000

= $1,000 ( net loss)

Therefore, the correct option is A

7 0
3 years ago
If aggregate expenditure in an economy equals 1,000 0. 9y and full employment real gdp equals 9,000, then this economy has:_____
LenKa [72]

The economy would be in equilibrium as  AE = 1000 + 0.9Y

Y = 1000 + 0.9Y

Y - 0.9Y = 1000

(1-0.9) Y = 1000

Y = 1000/0.1

Y = $10000

AE = 10,000

<h3>What does total spending actually mean?</h3>

Aggregate expenditure, a macroeconomic statistic, is used to measure and evaluate the total amount of economic activity or output within a country. A nation's total outlays over a given time period are measured by aggregate expenditure, just as the gross domestic product (GDP) and national income.

Expenditures that alter in reaction to real GDP are referred to as induced aggregate expenditures. Take consumption spending as an example of an induced aggregate expenditure, which rises with real GDP.

For more information about aggregate expenditure refer to the link:

brainly.com/question/13525490

#SPJ4

6 0
1 year ago
Who wants to see what i look like?
valkas [14]
You look like you seem fun to hang around!
5 0
3 years ago
Caleb is driving a car in which dona is a passenger when an accident occurs. caleb and dona are emotionally rattled, but neither
SOVA2 [1]
<span>Caleb is not liable to Dona because she wasn't injured. The negligence theory is a theory whereby plaintiffs claim damages on the negligence caused by others. Dona wasn't physically injured; she can file a claim if she suffered physical injury, but emotional trauma is not injury in the purest sense.</span>
4 0
3 years ago
Which of the following strategies is the easiest to​ implement? A. Global strategy B. International strategy C. Multidomestic st
Alja [10]

Answer:

The correct answer is letter "A": Global strategy.

Explanation:

There are three (3) main approaches used to engage in international businesses: <em>global strategy, multidomestic strategy, </em>and <em>transnational strategy</em>. With the global strategy firms offer the same product or service with few to no modifications everywhere they have a presence. With the multidomestic strategy companies shape their products according to the region of operations. Finally, the transnational strategy is a midterm between the global and multidomestic strategy.

Thus, <em>the easiest approach to implement is the global strategy since it demands a few changes in the company's operations regardless of the region where they conduct businesses.</em>

4 0
3 years ago
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