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Minchanka [31]
3 years ago
12

Manufacturers follow four steps to implement a manufacturing overhead allocation system. The last step is to:

Business
1 answer:
MArishka [77]3 years ago
4 0

Answer: Manufacturers follow four steps to implement a manufacturing overhead allocation system. The last step is to: " B. Allocate some manufacturing overhead to each individual job ".

Explanation: The steps to implement a manufacturing overhead allocation system are:

1) Obtain a detailed list of all general manufacturing costs.

2) Choose an allocation base (machine hours, direct labor hours) to divide the general factory costs by this allocation base and assign general costs to each production unit.

3) The total allocation base is divided by the units produced to know the amount of manufacturing overhead associated with each unit.

4)"B. Assign some general manufacturing expenses to each individual job." For example, product X requires 2 hours of work to produce it and product Y one hour, higher general manufacturing costs will be assigned to product X

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Georgia Company uses the precentage of recievables method for recording bad debt expense. The accounts recievable balance is 600
lozanna [386]

Answer:

0.04 *60,0000= 2400

                                                       Debt                                     Credit

Bad debt expense                            2400

Accounts receivables                                                                     2400

Allowance for doubtful accounts     2400

Bad dent expense                                                                          2400

Explanation:

7 0
3 years ago
Information related to Riverbed Co. is presented below.
Scrat [10]

Answer:

April 5

Debit : Merchandise  $36,000

Credit : Accounts Payable - Tamarisk Company $36,000

April 6

Debit : Accounts Payable - Tamarisk Company $920

Credit : Cash $920

April 7

Debit : Equipment $30,500

Credit : Accounts Payable $30,500

April 8

Debit : Accounts Payable - Tamarisk Company $4,200

Credit : Merchandise  $4,200

April 15

Debit : Accounts Payable - Tamarisk Company $30,880

Credit : Discount received $926.40

Credit : Cash $29,954

Explanation:

Working for Journal on April 15

Balance = $36,000 - $920 - $4,200

              = $30,880

Discount = $30,880 x 3%

               = $926.40

Amount Paid =  $30,880 - $926.40

                      = $29,954

7 0
3 years ago
A group of managers has been assigned the task of developing a new product. They are now in the process of assessing several ide
slava [35]

Answer:

Screening

Explanation:

Screeningprocess used to access innovative product ideas, strategies and marketing trends to determine their consistency with the company's objective. It is used to eliminate unsound ideas and accept sound ones.

Screening can be used to check the compatibility if an idea with a business objective. It involves a process of determining which product aligns with the target audience and the benefits of producing it.

The screening stage is a very important stage in the development of a new product because if a product that doesn't conform with the business objective or the product doesn't have a tendency of being profitable to the organzation passes the screening stage, it means the product will lead to wasted effort and resources in the other stages.

Therefore, a product should be properly screened passing the screening stage.

4 0
3 years ago
Read 2 more answers
A land development company purchases several acres of land adjacent to a wildlife reserve. It plans to build a new community, co
8_murik_8 [283]

Answer:

A case of corporate social responsibility for the environment.

Explanation:

Note that the proposed buildings would be close to a wild life reserve.

The company took the right step inorder to fulfill its responsibility to preserve and protect the environment (wild life reserve) by scheduling a meeting with Green Sands's representatives to make choices about the property that are agreeable to both sides.

3 0
3 years ago
As the labor market became more competitive in the later 19th century, employers began to offer all the following except
iren2701 [21]
Option A should be the best answer for above question. All other choices listed are already offered by companies nowadays. Pensions are only given companies as payment to their contributions to their previous company.<span />
3 0
3 years ago
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