1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
satela [25.4K]
3 years ago
7

Kirkaid Company recorded the following transactions for the just completed month:

Business
1 answer:
Illusion [34]3 years ago
6 0

Answer:

The correct answer is $5,000.

Explanation:

According to the scenario, the given data are as follows:

Total raw material = $118,000

Direct material = $89,000

So, Indirect material = Total raw material - Direct material = $118,000 - $89,000

= $29,000

Total labor = $142,000

Direct labor = $122,000

So, Indirect labor = Total labor - Direct labor = $142,000 - $122,000

= $20,000

Additional actual manufacturing OH = $214,000

Applied manufacturing OH = $268,000

So, we can calculate the underapplied or overapplied overhead for the month by using following formula:

Underapplied or overapplied overhead = Applied manufacturing OH - Actual OH

= $268,000 - ( $29,000 + $20,000 + $214,000)

= $268,000 - $263,000

= $5,000

Hence, the overapplied overhead is $5,000.

You might be interested in
_______would Not be considered a "vulnerable group" for the purpose of customer protection.
Roman55 [17]

Answer:

trade unions

Explanation:

as they ensure to protect employees rather than customers.

6 0
3 years ago
A bank service charge of $10 would be included on the bank reconciliation as a(n):_____.
iris [78.8K]

A bank service fee of $10 would be included on the bank reconciliation as on the last day of the bank statement

<h2>What exactly does a bank reconciliation include?</h2>

Starting with the bank's ending cash balance, adding any deposits that are currently being made up of the company to the bank, subtracting any checks that haven't yet been cleared by the bank, then either adding or subtracting any other items completes the basic process flow for a bank reconciliation.

<h3>A bank reconciliation is what?</h3>

At the conclusion of every month, a business should perform a bank reconciliation, which is that the process of confirming the correctness of both the bank statement and the cash accounts.

The most frequent reasons why the ending bank balance and ending book balance of cash differ.

Learn more about bank reconciliation :

brainly.com/question/15525383

#SPJ4

7 0
2 years ago
Help marketing multiple choice which is it
Step2247 [10]
You collect information aboutvthe individual your working with
3 0
4 years ago
What best describes the example/instance for building a model to identify cross-sell opportunities (trying to convince people to
allsm [11]

Answer:

d) All current customers who up to a certain point in time have NOT bought in the jewelry category but did buy jewelry in the next time frame

Explanation:

Cross-sell opportunities are employed by online and in-person marketers with the aim of convincing buyers to chose another product from a product category that they are interested in. For example, if the customer bought a necklace, the site might suggest that users who bought a necklace also bought a pendant. The aim of this suggestion is to convince the consumer to purchase an item that might be useful to him judging from the products he just indicated interest in.

Therefore, a good cross-sell model will identify customers who bought jewelry but not from a particular jewelry category.

8 0
3 years ago
Latesha Moore has a choice at work between a traditional health insurance plan that pays 80 percent of the cost of doctor visits
Lelu [443]

Answer:

Consider the following calculation and analysis

Explanation:

We will analyse from cost perspective, the alternative with lower cost should be selected.

Total no. of doctor visit = 12 monthly visit + 3 times special visit = 15

Cost = 50 * 15 = $750

Under Traditional health checkup plan

Cost of plan = $ 250 + (20% of doctor visiting charges) = 250 + 20% of 750 = $400

Under HMO

Premium = 20 * 12 months = $240

Co payment = 10 * 15 = 150

Total = $ 390

There is a saving of $10 in HMO, so she should opt for this option. Moreover, the benefit of HMO would be the payments are monthly in small installments ,rather than a big outflow as in the case of traditonal plan.

6 0
4 years ago
Other questions:
  • Seventy percent of Pitkin Corporation's sales are collected in the month of sale, 20% in the month following sale, and 10% in th
    15·1 answer
  • If GDP is $12,000 and velocity is 4, the money supply is
    8·1 answer
  • Surveys indicate that over 60% of all employees under the age of 25 are disengaged and unhappy with their jobs. What might accou
    13·1 answer
  • Identify needed skills of employees and managers. Compare the use of ethnocentric, polycentric, and geocentric approaches to sta
    13·1 answer
  • Agreement and disagreement among economists.
    9·1 answer
  • Where Is Monetary Policy​ Stronger? In an open​ economy, changes in monetary policy affect both interest rates and exchange rate
    8·1 answer
  • (Economics)How is the equilibrium price found using a supply and demand graph
    8·1 answer
  • On January 1, 2018, Race Corp. acquired 80% of the voting common stock of Gallow Inc. During the year, Race sold to Gallow for $
    6·1 answer
  • ENGLISH
    11·2 answers
  • Dante borrowed to buy a truck for his business. He borrowed from his parents who charge him simple interest. He borrowed from a
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!