1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aliina [53]
2 years ago
5

Smith has applied overhead of $73,000 and actual overhead of $87,600 for the month of November. It applies overhead based on dir

ect labor hours and those equaled 14,600 in November. Overhead for the year was estimated to be $900,000. How many direct labor hours were estimated for the year?
a.

175,200

b.

180,000

c.

$5

d.

150,000
Business
1 answer:
Rudik [331]2 years ago
8 0
The answer to the question how many direct labor hours were estimated for the year is letter B which is 180,000.

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
You might be interested in
Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and
Lilit [14]
D because it’s correct
7 0
3 years ago
Read 2 more answers
A short-term debt is the same thing as a<br> debt.<br> A. Current<br> B. Liquid<br> C. Tragic
Elina [12.6K]
I believe the answer is A.current
7 0
2 years ago
Read 2 more answers
Kingston Co. uses the percentage-of-receivables basis to record bad debt expense.
Troyanec [42]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $2,700

      To Allowance for doubtful debts $2,700

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= (Accounts receivable × estimated percentage given ) - (credit balance of Allowance for Doubtful Accounts)

= ($420,000 × 1%) -  ($1,500)

= $4,200- $1,500

= $2,700

4 0
3 years ago
As a new investment adviser (IA) firm, your company wants to obtain more clients. In an attempt to do so, one of the employees s
IRISSAK [1]

Answer:

D) is not acceptable because such a guarantee would cause a conflict of interest pertaining to the IA's fiduciary duty to each client

Explanation:

The members of the North American Securities Administrators Association (NASAA) must follow their Model Rule which prohibits investment adviser firms from guaranteeing investment results, in other words they cannot guarantee a minimum profit.

In this case the employee suggested that if their clients didn't earn a minimum 12% profit, then they would refund any fees collected. But the IA firm is not allowed to guarantee the 12% value increase or profit.

8 0
3 years ago
May 3 Allied made its first and only purchase of inventory for the period on May 3 for 3,000 units at a price of $9 cash per uni
Airida [17]

Answer:

Explanation:

May 3

Dr merchandise inventory 27,000

   Cr Cash 27,000

May 5

Dr Accounts receivable 19,500

    Cr Sales 19,500

May 5

Dr COGS 13,500

     Cr Merchandise inventory 13,500

May 7

Dr Sales returns and allowances 1,950

     Cr Accounts receivable 1950

Dr Merchandise inventory 1350

     Cr COGS 1350

May 8

Dr Sales returns and allowances 750

     Cr Accounts receivable 750

May 15

Dr Cash 16464

Dr Sales discount 336

    Cr Account receivable 16800

19500-1950-750 = 16800

16800*2% = 336

7 0
3 years ago
Other questions:
  • Baby jasmine wakes up every 2 hours to be fed, but she sleeps for about 18 to 20 hours a day. jasmine is:
    14·2 answers
  • Given the following information, what is the market value of XYZ Corporation?Common stock 13.6 million shares outstanding, selli
    7·1 answer
  • If Real GDP increases at an annual rate of 3 percent and velocity increases at a rate of 2 percent per year, then rules-based mo
    8·1 answer
  • Can you tell when someone you call is friendly before answering the phone?EXPLAIN
    12·1 answer
  • An someone find me a company that does not advertise on GOOGLE. Thank youuu
    13·1 answer
  • Your goal is to withdraw $25,000 in 10 years. To get the money for this withdrawal, you will make the aforementioned five equal
    15·1 answer
  • g On November 1, 2020, 5M Corporation entered into a purchase contract (not subject to revision or cancellation) to purchase 750
    6·1 answer
  • The following represents the probability distribution for the daily demand of microcomputers at a local store. Demand Probabilit
    8·1 answer
  • GDP is composed of four components. Which of the following is NOT a component of GDP
    10·1 answer
  • Which component of marital success is generally ranked highest among adults in the united states? group of answer choices
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!