Answer:
$400,000
Explanation:
total variable manufacturing overhead = sum of total machine hours required during the year x variable manufacturing overhead rate per machine hour
= (35,000 hours + 20,000 hours + 15,000 hours + 30,000 hours) x $4 per machine hour = 100,000 machine hours x $4 per machine hour = $400,000
total fixed manufacturing overhead = $50,000 per quarter x 4 quarters = $200,000
REGRESSION ANALYSIS METHOD
OPERATING CYCLE METHOD
PERCENTAGE OF SALES METHOD
Honesty and working hard.
Employee engagement is the term that refers to
the level of commitment that workers make to an employer. It also shows that an
employee is committed to the company by doing his best to achieve the company’s
goal and vision. Also, employee engagement is giving commitment to
become loyal to the company, giving ideas to improved the company, and being
one with the organization.
Answer:
The appropriate journal entry to record the March purchases of shares under the employee share purchase plan are as follows:
Debit: Cash ($12 × 85%) × $50,000 = $510,000
Debit: Compensation Expense ($12 × 8%) × $50,000 = $90,000
Credit: Common Stock = $50,000
Paid in Capital – Excess of Par ($50,000 × $11) = $550,000