Answer:
$11,000 under applied
Explanation:
To compute the under or over applied overhead, we need to find out the predetermined overhead rate
Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours
= $4,100,000 ÷ 500,000
= $8.2
Then, the overhead applied is;
= Actual machine hours × Predetermined overhead rate
= 495,000 × $8.2
= $4,059,000
Now, the under applied or over applied overhead is
= Actual annual overhead cost - Applied overhead
= $4,070,000 - $4,059,000
= $11,000 under applied
Can you please take the picture from the front angle please, thx
Answer:
the resources consumed in production
Explanation: answer for ed2020
Accounting information that has verifiability is one that D. must be capable of being checked for accuracy, completeness and reliability.
<h3>What is verifiability in accounting?</h3>
in accounting, data is considered to be verifiable if a third party can come up with the same information given the chance.
for this to happen, the data needs to be capable of being checked for completeness and reliability.
find out more on verifiability in accounting at brainly.com/question/17031030.
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