Answer:
Cost of Goods Sold will decrease by $2,679 after proration.
Explanation:
Under-applied or over applied overhead:
= Overhead incurred - Overhead applied
= $76,000 - $79,700
= (-$3,700)
Therefore, the Cost of Goods Sold after the proration:
= (over applied overhead × Overhead applied to COGS) ÷ Total overhead applied to cost of goods sold and finished goods
= ($3,700 × $57,700) ÷ ($57,700 + $22,000)
= $213,490,000 ÷ $79,700
= $2,679
Hence, the Cost of Goods Sold will decrease by $2,679 after proration.
Answer: The answer is " percentage of a country's total expenditure necessary to bring the population of the country who are living below the poverty line, up to the poverty line.
Explanation:
The total poverty gap can be defined as the index which measures the intensity of poverty. It is the average gap in the population as a proportion of the poverty line.
The gap defines the place which is required to bring the people upto poverty line. The total amount of income that is lagging in the population to reach the poverty line.
Answer:
C) Manufacturing Overhead 9,500 DEBIT
Accumulated Depreciation 9,500 CREDIT
Explanation:
The depreciation will be part of the actual overhead, which later will be compared with the applied overhead to look up for difference in application.
It will denefitive be accumulated to represent the net book value of the printing.
Then t will be debited to factory overhead. So once the period is concluded this account will have a balance equal to the difference in application of overhead (credit) and the actual cost incurred (debit)
Answer:
Circular economy is a type of system that makes use of resources in a close-looped. Basically, they make use of resources with the aims to limit the production of waste by using the resources up to its utmost limit and refurbishing it, recycling it, or reusing it again.
This is akin to how biological systems work where as materials are recycled through the different systems and the products are repurposed for another process, so on and so forth.
Answer:
$21 per pound.
Explanation:
Revenue is defined as the income that is gained in selling a particular product to a consumer. It is the total amount earned before we consider costs incurred in the production process.
In this scenario to get the differential revenue of producing product C is
Differential revenue= Price of C - Price of B
Differential revenue= 40 - 19
Differential revenue= $21
