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MariettaO [177]
3 years ago
13

"Manufacturing overhead applied is added to direct labor incurred and to what other item to equal total manufacturing costs for

the period?"
Business
1 answer:
alisha [4.7K]3 years ago
8 0

Answer:Direct materials used.

Explanation: Manufacturing overhead is a term used to describe the indirect expenses made during the manufacturing process of a given product,it is also known as Factory Burden or Factory overhead.

Manufacturing overhead

includes ELECTRICITY USED TO RUN THE FACTORY EQUIPMENT, DEPRECIATION OF EQUIPMENT, BUILDING, FACTORY SUPPLIES AND FACTORY PERSONNEL. According to GAAP principles the manufacturing overhead must be attached to product produced in order to record the inventory and cost of goods sold.

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Problem 3.1. A European call option on a stock with a strike price of $50 and expiring in six months is trading at $14. A Europe
pantera1 [17]

Answer:

The. Trader should buy the out option

Explanation:

See attached file

7 0
3 years ago
Ricardo paid an annual premium of $1,200 in total liability coverage for his car, including up to $200,000 in bodily injury cove
Umnica [9.8K]

Answer:

No, the cost of the annual premium for 10 years was less than the accident claims

Explanation:

Since in the question it is mentioned that the annual premium is $1,200, $200,000 is the bodily injury coverage and $100,000 should be the property damage coverage

Also the $40,000 and $20,000 represent the medical cost and the car damage

So here the cost should not outweight the benefit of the transferring the risk as the annual premium cost for ten years should be lower than the accident claims

3 0
4 years ago
Manning Manufacturing Inc. had the following items that require adjustment at year end.
Ostrovityanka [42]

Answer:

1. a. Debit   Salaries                      $5,320

       Credit  Accrued Salaries      $5,320

Being accrued salaries for December 31

 b. Debit    Utilities                      $1,970

     Credit  Accrued Utilities        $1,970

Being accrued Utilities  for December 31

  c. Debit    Interest                      $925

      Credit  Accrued Interest        $925

Being accrued Interest note payable for December 31

2.  Income statement will be overstated by the sum of $8,215

Explanation:

The are the adjusting entries needed at December 31.

1. a. Debit   Salaries                      $5,320

       Credit  Accrued Salaries      $5,320

Being accrued salaries for December 31

 b. Debit    Utilities                      $1,970

     Credit  Accrued Utilities        $1,970

Being accrued Utilities  for December 31

  c. Debit    Interest                      $925

      Credit  Accrued Interest        $925

Being accrued Interest note payable for December 31

2.  The effect on the financial statements if these adjusting entries are not made is that the income statement will be overstated by the sum of $8,215 , Below is the computation:

      Salaries                      $5,320

       Utilities                      $1,970

        Interest                 <u>      $925     </u>

      Total expenses      <u>     $8,215     </u>

8 0
3 years ago
How might a recent college graduate's investment portfolio differ from someone who is nearing retirement
borishaifa [10]
Someone who is retiring has more experience on what to invest in than someone who is still getting used to knowing what to invest in  
4 0
3 years ago
Read 2 more answers
Mergers and acquisitions commonly introduce __________ risk, which may change how an organization operates.
Debora [2.8K]

Mergers and acquisitions commonly introduce financial risks that can change how the firm operates.

The main danger is financial; if mergers and acquisitions aren't done right, they can leave businesses with a heavy monetary load. Many mergers that go wrong involve excessive financial commitments that condemn the partnership to failure from the outset.

Risk management is necessary during the whole merger and acquisition process. Management of Merger & Acquisition risk; see due diligence. It's likely that you haven't properly undertaken Merger & acquisition risk management if any of the risks outlined in the preceding sentence are not on the due diligence agenda.

Although this is simply one aspect of due diligence, there is a tendency to think of it as an audit of the target organization. Your due diligence procedure is your Merger & acquisition risk management, in a larger sense.

To learn more about Merger & Acquisition

brainly.com/question/16806708

#SPJ4

5 0
2 years ago
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