Answer:
The correct answer is B: the jobs produced during the period have been under-costed
Explanation:
Giving the following information:
If manufacturing overhead has been under-allocated during the period, then which of the following is true?
(a) the jobs produced during the period have been over-costed
(b) the jobs produced during the period have been under-costed
(c) the jobs produced during the period have been costed correctly
(d) none of the above
When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.
Answer:
Option B
Explanation:
The un-amortized debt discount can be defined as the difference between both the interest of a bond — the value of the bond at redemption — and the profits from the issuing company's sale of the bond, less than the amount currently amortised on the statement of profit and loss.
The authorizing agency may either agree to pay the full amount of the rebate or view the discount as a profit to be amortized. Some amount which has yet to be spent is alluded to as the reduction for un-amortized bonds.
Answer:
3 then 1
Explanation:
Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.
