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natta225 [31]
3 years ago
8

Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs t

o be $300,000, and direct labor costs to be $150,000. Actual overhead costs for the year totaled $330,000, and actual direct labor costs totaled $170,000. At year-end, Factory Overhead account is:
Business
1 answer:
marishachu [46]3 years ago
8 0
Cool 56 jack mppphtt
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On January​ 1, 2018, Earnest Company purchased equipment and signed a sixminusyear mortgage note for $ 110 comma 000 at 15​%. Th
GarryVolchara [31]

Answer:

D. $ 16 comma 619

Explanation:

Mortgage Installment is compromised of the interest and principal payment. The principal value is calculated by deducting the interest on opening balance of mortgage from installment of the year.

Mortgage Amortization schedule

Date                     Installment    Interest                  Principal    Balance

January​ 1, 2018                                                                         110,000

January​ 1, 2019   29,066    (110,000x15%) 16500   12,566     97,434

January​ 1, 2020  29,066    (97,434x15%) 14,615     14,451      82,983

January​ 1, 2021   29,066    (82,983x15%) 12,447    16,619      66,364

7 0
4 years ago
Consider two neighboring island countries called Euphoria and Contente. They each have 4 million labor hours available per week
laila [671]

Answer:

Euphoria produces 12 million bushels of corn and 16 million pairs of jeans

Euphoria's opportunity cost of producing 1 bushel of corn is 1/4 pair of jeans

Euphoria's opportunity cost of producing 1 pair of jeans is 4 bushels of corn

Euphoria will produce only jeans, total production 64 million pairs of jeans. The total production of jeans between the two countries increased by 12 million per week.

Contente produces 6 million bushels of corn and 36 million pairs of jeans

Contente's opportunity cost of producing 1 bushel of corn is 1/2 pair of jeans

Contente's opportunity cost of producing 1 pair of jeans is 1/2 bushels of corn

Contente will produce only corn, total production 24 million bushels.

The total production of corn between the two countries increased by 6 million bushels.

Contente trades 14 million bushels of corn for 42 million pairs of jeans from Euphoria:

  • Contente's gain = 42 - (14 x 1/2 = 7) = 35 million pairs of jeans
  • Euphoria's gain = 14 - (42 x 1/4 = 10.5) = 3.5 million bushels of corn

Consumption with or without trade:

  • Contente ⇒ with trade 10 million bushels of corn and 42 million pairs of jeans. Without trade 6 million bushels of corn and 36 million pairs of jeans. Total gain = 4 million bushels of corn and 6 million pairs of jeans.
  • Euphoria ⇒ with trade 14 million bushels of corn and 22 million pairs of jeans. Without trade 12 million bushels of corn and 16 million pairs of jeans. Total gain = 2 million bushels of corn and 6 million pairs of jeans.

4 0
4 years ago
Karen usually does not spend much time selecting gifts. However, when choosing a fountain pen for her husband's birthday this ye
Mamont248 [21]

Answer:

Option d: situational involvement

Explanation:

Types of Involvement

Product Involvement; message involvement, situational involvement

Product involvement

In this stage of involvement, consumer's level of interest in product is largely based on perceived risk and application to daily life. This is simply known as a product category that is of high personal relevance.

Message involvement

This is simply the effects the media has on consumers such as high involvement is equal to high cognitive effort required (newspaper) while low-involvement equal to low cognitive.

Situational Involvement

This is simply defined as the circumstances surrounding the purchase area that may temporarily change a low-involvement decision into a high-involvement one. High-involvement is therefore when the consumer perceives risk in a specific situation. This usually takes place at location where purchasing.

7 0
3 years ago
What financial behaviors will typically lead to a low credit score?
levacccp [35]
The behavior that will typically lead to low credit score is <span>A. Maxed out credit cards
When people maxed out their credit cards, the credit card company will most likely to make additional charges before the balance is paid out. Maxed out credt cards would be interpreted as having uncontrollable consuming behavior and will result in low-credit card score.</span>
5 0
3 years ago
Each day's receipts can be kept separate by A. preparing a deposit slip for each day. B. reconciling the bank statement. C. list
rewona [7]
Every day's receipts can be kept separate by preparing a deposit slip for each day.


Hope this helps.
8 0
3 years ago
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