Answer:
Debit to cost of goods sold and credit to factory overhead
Explanation:
Here we are interested in knowing the appropriate journal entry when the factory overhead is under applied.
What happens to the factory overhead journal in this case is that the we should have an adjusting journal entry.
The adjusting journal entry here is that we debit cost of goods sold and credit factory overhead
Answer:
It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557
Explanation:
In order to calculate how long will it take Alfred to accumulate the $5994 we would have to use the following formula:
A=P(1+r/n)∧n*t
P=$5,016
A=$5994
r=4.4%
n=1 annually
n=12 monthly
Therefore, t annually would be as follows:
5,994=$5,016(1+(4.4%/100)/1)∧1*t
t=4.1367
Therefore, t monthly would be as follows:
5,994=$5,016(1+(4.4%/100)/12)∧12*t
t=4.0557
It will take Alfred to accumulate the $5994 annually 4.1367 and monthly 4.0557
<span>Regulatory agencies is the answer you need. Since the congress and its members can't know everything that there is to know about making sure that the laws are being obeyed, regulatory agencies were made to ensure that people obey the laws. Such agencies do different things, from making sure hygiene is up to making sure people pay their taxes.</span>
Answer: Please refer to Explanation
Explanation:
According to the Federal Deposit Insurance Corporation, the limit to the amount a person can be insured for is, $250,000 per depositor, per insured bank.
That means that Tony's account at a balance of $120,712 is covered completely as it is well below $250,000.
Their Joint account is also completely covered at $60,099.
Cynthia however does not have complete coverage as her bank account exceeds to the coverage limit by $3,629 which will not be covered.
Should be noted that should she transfer this excess to the joint account then she should be fully covered.
The savings account that would earn the least amount of money is the account that earns a simple interest monthly.
<h3>What does simple interest and compound interest mean?</h3>
Simple interest rate is the interest that is paid only on the principal portion of a loan. This means that the debtor does not pays interest on the interest rate already accrued. This differs from compound interest where the debt holder pays interest on the principal and the interest rate already accrued.
This means that an account that earns a compound interest would have a higher yield when compared with an account that earns a simple interest.
To learn more about compound interest, please check: brainly.com/question/26367706
