Answer:
the manufacturing overhead for the month should be overapplied by $16,000
Explanation:
Given that
The debit to the manufacturing overhead is $53,000
And, the credit balance is $69,000
So, it should be overapplied by the
= $53,000 - $69,000
= $16,000
Therefore the manufacturing overhead for the month should be overapplied by $16,000
This is the answer but the same is not provided in the given options
Answer:
The value of X+Y=2,769
Explanation:
According to the given data we have the following:
x=present value of 2,000
=2,000/(1+0.06)=1,886.79
y=present value of 1,000
=1,000(1+0.07)∧2=873.44
x+y=1,886.79+873.44
=2,760.23
=2,769
The value of X+Y=2,769
Answer:
A. Product's price
Explanation:
In this question, we applied the law of demand which shows an inverse relationship between the price and the quantity demanded of a particular commodity. If the price increases, the quantity demanded decreased and if the price decreased, the quantity demanded increased.
In the case of a market demand schedule, it takes the price and quantity demanded the overall market.
In this schedule, X-axis shows the quantity demanded of the product and Y-axis shows the price of the product.
According to the given scenario, the most appropriate option is a. product price as the market demand schedule shows that price and quantity demanded are inversely related to each other.
In buyer income, it considers the income of the buyer to purchase the product And option C is related to the producer point of view plus time period are also the not correct option
Answer:
The correct answer is A
Explanation:
The principle of comity is the principle which is legal, that the political entities like courts, states or nations from different jurisdictions and it will mutually recognize or acknowledge the legislative of each other's executive and judicial acts.
So, Retail operations, US firm attain the judgement against Shinobu. Therefore, the court judgement will be enforced by Japan court will ground on the application of principle of comity.
Answer:
Total Overhead Cost is $ 510,000 for 78,000 direct labor hours
Explanation:
Corrington Manufacturing Company
Fixed Budget 80,000 direct labor hours
Variable Overhead $400,000
Fixed Overhead $120,000
Flexible Budget 78,000 direct labor hours
Variable Over head = $ 400,000/ 80,000 * 78,000= $ 390,000
Fixed Overhead $120,000
Total Overhead Cost is <u> $ 510,000 </u> for 78,000 direct labor hours
First we divide the variable overhead with the budgeted number of direct labor hours and then multiply it with the flexible labour hours to get the variable overhead at this activity level . The fixed overhead does not change.