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zysi [14]
3 years ago
10

If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d

uring he period have been overcosted(b) the jobs produced during the period have been undercosted(c) the jobs produced during the period have been costed correctly(d) none of the above
Business
1 answer:
Alecsey [184]3 years ago
7 0

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.

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Which of the following statements is false?
GenaCL600 [577]

Answer: Actual overhead costs always enter the Work-in-Process account.

Explanation:

The work-in-process account is an account where the value of goods yet to be completely produced are recorded while the overhead cost is simply a business running cost, that is cost on expenses the business makes to keep functioning.

Overhead cost is not recorded in work-in-process account, rather it is recorded as business expenses.

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3 years ago
When estimating the cost of equity by use of the bond-yield-plus-risk-premium method, we can generally get a good idea of the in
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Answer: True

Explanation: <em> Bond-yield-plus-risk-premium method is used if the entity has publicly listed debt, shapes the bond return. This is therefore effective interest on a organization's long-term debt. </em>

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3 years ago
Which one of the following best illustrates that the management of a firm is adhering to the goal of financial management?a. An
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Answer:

increase in the market value per share

Explanation:

Market value per share is the price that the share of a company can be traded if it is to be sold to a willing investor in a stock market.

The market value per share is determined by the company's financial performance, favorable market information concerning the enterprise, perceived future prospects plus investors or public confidence.

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Ted's company has recently reorganized. He has been reassigned into a new role for which he feels unprepared, and he is not sure
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Answer:

These are the options for the question:

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And this is the correct answer:

  • Fear of failure

Explanation:

Ted is afraid of failing at his new role, he is suffering from fear of failure. This is because Ted was accustomed to completing a set of tasks specific to his previous position in the company.

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