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Ede4ka [16]
3 years ago
11

The actual manufacturing overhead incurred at Hogans Corporation during April was $59,000, while the manufacturing overhead appl

ied to Work in Process was $74,000. The company's Cost of Goods Sold was $289,000 prior to closing out its Manufacturing Overhead account. The company closes out its Manufacturing Overhead account to Cost of Goods Sold. Which of the following statements is true?
Manufacturing overhead was overapplied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $274,000

Manufacturing overhead was underapplied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $274,000

Manufacturing overhead was overapplied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $304,000

Manufacturing overhead was underapplied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $304,000
Business
1 answer:
balandron [24]3 years ago
5 0

Answer:

Manufacturing overhead was over-applied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $274,000

Explanation:

Under / over applied manufacturing overhead = Applied Manufacturing overhead - Actual Manufacturing overhead

Over-applied manufacturing overhead =  $74,000 - $59,000

Over-applied manufacturing overhead =  $15,000

Cost of Goods Sold = $289,000 - $15,000 = $274,000

Manufacturing overhead are over-applied by $15,000 and cost of goods sold is $274,000.

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Answer:

If computers are produced mostly by capital and beer is produced mostly by labor, the H-O model predicts that

Germany will export computers in exchange for beer.

Explanation:

The H-O model or Heckscher-Ohlin theory is an economic model about the comparative advantages of nations in international trade.  The model tries to explain the equilibrium of trade existing between two countries that have varying specialties and natural resources.  According to the H-O model, countries export more goods and services for which they have plenty resources than they do for goods and services for which they have scarce resources.  For example, if a country has capital in abundance, it will export more of capital-intensive products while it will import labor-intensive products, because it has scarce labor resources.

6 0
2 years ago
Identify which of the following statements is true.
JulijaS [17]

Answer:

A.

Explanation:

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4 0
3 years ago
Evaluating od interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.
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False. Evaluating interventions always involves measuring their impact on employee satisfaction, productivity, and the bottom line.

<h3>What is evaluating interventions?</h3>

A number of creative methods for conflict-resolution evaluation have been developed, despite the fact that conflict-resolution interventions are often evaluated on an as-needed basis.

1. Participants' Evaluation

Participatory evaluation is an evaluation strategy that is "bottom-up" or "people-centered."

2. Utilization-Focused Evaluation

In a utilization-focused evaluation, a group of "intended users" is identified who choose the "intended uses" for the evaluation data.

3. Impact Evaluation

The goal of an impact evaluation is to ascertain how effective an intervention is. Theoretically, this is straightforward, but the community involved in conflict resolution has not yet sufficiently defined the word "effect."

4. Action Evaluation

By encouraging stakeholders to define and track success, Action Evaluation seeks to assure the effectiveness of initiatives.

5. Macro-Evaluation

Macro-Evaluation, generally speaking, is to ascertain how grassroots micro-level initiatives 'ripple up' to the regional or national level.

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6 0
1 year ago
Why do some firms, industries, and cultures have different CSR thresholds than others
Sergeeva-Olga [200]

Considering the industrial context, the reasons some firms, industries, and cultures have different CSR thresholds than others include <u>differences in stages of </u><u>acceptance</u><u> </u><u>among</u><u> </u><u>firms</u><u>.</u>

Some other reasons some firms, industries, and cultures have different CSR thresholds than others include the following:

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CSR is the Corporate Social Responsibility in which the private firms seek to contribute to the society in which they operate through charity, philanthropic, and volunteering programs, amongst others.

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4 0
3 years ago
Firms choose how to produce the goods and services they sell. In many cases, firms face a trade-off between using more workers o
saveliy_v [14]

Answer:

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American manufacturing jobs have been constantly decreasing for a little more than two decades now. Most people like to blame China and other countries for that decline, since they state that american production moved overseas. That statement is only partially true, but for the most part is false. The vast majority of American manufacturing jobs have been lost to automation.

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