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pychu [463]
3 years ago
9

Which terms will make the following statement true? When manufacturing overhead is overapplied, the Manufacturing Overhead accou

nt has a __________ balance and applied manufacturing overhead is greater than __________ manufacturing overhead.
a) debit, actual
b) credit, actual
c) debit, estimated
d) credit, estimated
Business
1 answer:
kupik [55]3 years ago
8 0

Answer:

Answer is a) debit, actual

Manufacturing Overhead account has a debit balance and applied manufacturing overhead is greater than the actual manufacturing overhead

Explanation:

Overheads are applied to product costs using budgeted overhead rates. Budgeted rates are used because the delays in obtaining actual overhead affects timeous product valuation for profit purposes

Over applied situation occurs when the applied overheads exceeds the actual manufacturing overhead.

<em>The Manufacturing Overhead Account will have the following entries:</em>

Transfer to work in Progress figure - credit (with applied overheads)

Bank - debit (actual overhead)

Balancing figure or shortfall - debit (over-applied)

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In order to formulate strategies that align with the mission some of the activities the organization will need to perform are
KATRIN_1 [288]

Complete Question:

In order to formulate strategies that align with the mission some of the activities the organization will need to perform are?

Group of answer choices

A. Know their core competencies.

B. Assess internal strengths and weaknesses.

C. Examine the external environment.

D. Analyze competitors.

E. All of these should be considered when formulating strategies.

Answer:

E. All of these should be considered when formulating strategies.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.  

In order to formulate strategies that align with the mission some of the activities the organization will need to perform are;

1. Know their core competencies: this involves identifying your strengths such as knowledge, technology, underlying skill, experience, ability or process that enables you to perform exceptionally and provide a unique set of products or services that meets the needs of your customers.

2. Assess internal strengths and weaknesses: it gives an organization certain ADVANTAGES, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).

3. Examine the external environment: this involves examining and identifying all the factors outside of an organization that affects its performance such as customers, government policies, competitors etc.

4. Analyze competitors: organization should ensure they are always a step ahead of the their competitors in the industry.

5 0
2 years ago
An online store promises to deliver any order costing over $60 within 24 hours. It uses this strategy to increase the volume of
lara31 [8.8K]

Answer:

these are the options,

  • a. reliability
  • b. assurance
  • c. responsiveness
  • d. empathy

and the correct answer is a. reliability.

Explanation:

As it is explained in the question, the company always delivers its promise. such a company lives up to the customer expectations by constantly providing value for customer's money, in the process, becoming a trustworthy and a reliable company and a brand.

5 0
3 years ago
_____ involves developing separate marketing strategies for a number of segments.
solniwko [45]

Answer:

A. Differentiated marketing

Explanation:

Differentiated marketing -

It refers to the marketing strategy , where the company tries to target to at least two specific group , is referred to as a differentiated marketing.

In this strategy , different messages are used for the same campaign of different segments.

Hence , from the given statement ,

The correct option is A. Differentiated marketing .

4 0
3 years ago
Which of the following employees is most likely to be a hub? Multiple Choice Before his next project starts, Joseph wants his bo
Solnce55 [7]

Answer:

Khadija urges her team to be flexible and to consider all available options.

Explanation:

HUB which is an acronym of Historically Underutilized Business, is a form of business ventures or arrangement, whereby more than fifty percent is owned and control by a minority. For example, a woman, non-white Americans, etc, amongst others.

Hence, in this case, from the available options, Khadija is a female, and unlike Lila, she has a team of her own. This implies she is a leader and could be the owner or owned more than fifty percent in the company's ownership.

Therefore, the right answer is "Khadija urges her team to be flexible and to consider all available options."

8 0
3 years ago
Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $57000. If the b
just olya [345]

Answer:

The balance after adjustment is $57,000

Explanation:

Bad debt expense is the company's expense due to the inablity if it's debtor to pay their owed amount. Bad debts expense is also referred to as uncollectible accounts expense. The estimated estimated uncollectible accounts given in the question is $57,000. So the balance after adjustment of the allowance for doubtful accounts would be $57,000 debit.

4 0
3 years ago
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