Answer:
B
Explanation:
My assumption here is the company receiving payment sold some sort of good or service. Deferred revenue is revenue received, but not yet earned, meaning it would be considered <em>earned</em><em> </em>in another period. This is recorded as a liability in the balance sheet.
The answer to your question is d
When the demand is greater than the supply of goods, the price of that good will go up because there is less of it. The people who made the product need to be paid, and the people who distributed it need to be paid, and everyone else who had a hand in it needs to be paid. So if there are tons of a product, then the price will be cheaper because the company can afford it. But, if there is not a lot of a product, then the price needs to be higher because there is only a limited stock. Did I explain everything clearly? Have a nice day!
Answer:
Over-applied by $70,000
Explanation:
Overhead Rate: Expected overhead / Expected Labor cost
Overhead Rate: $600,000 / $400,000
Overhead Rate: 150% or $1.5 for every $1 cost of labor
Overhead Applied
Actual Labor Cost: $440,000
Overhead Applied: $440,000 * 150%
Overhead Applied: $660,000
Actual Overhead: $590,000
Over-Applied: Applied Overhead - Actual Overhead
Over-Applied: $660,000 - $590,000
Over-Applied: $70,000
Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.
