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3 years ago

Circular errors are caused by adding the cell name of an _________ cell formula?

1 answer:

7 0

The answer is an active cell. A circular reference occurs when a cell in an Excel 2010 worksheet refers to itself.

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At the beginning of the year, manufacturing overhead for the year was estimated to be $477,590. At the end of the year, actual d

neonofarm [45]

Answer:

At the beginning of the year used in the predetermined overhead rate must have been $16.30 per labor hour

Explanation:

Estimated manufacturing overhead = $477,590

Actual Labor hours = 29,000

Actual Manufacturing overhead = $472,590

Over application of manufacturing overhead = $110

As we know:

Over applied manufacturing overhead = Manufacturing overhead applied - Actual manufacturing overhead

$110 = Manufacturing overhead applied - $472,590

Manufacturing overhead applied = $110 + $472,590

Manufacturing overhead applied = $472,700

Manufacturing overhead applied = Actual Labor Hours x Predetermined overhead rate

$472,700 = 29,000 hours x Predetermined overhead rate

Predetermined overhead rate = $472,700 / 29,000 hours

Predetermined overhead rate = $16.30 per labor hour

7 0

3 years ago

The PRIMARY function of banks in the United States is to a) print money b) make banking laws c) build homes and businesses d) pr

Jobisdone [24]

Im pretty sure its D.

it sounds right
:)

5 0

2 years ago

Read 2 more answers

Which of these results in a lower net income?

kozerog [31]

I think the correct answer from the choices listed above is the third option. It is the withholdings that result in a lower net income. A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government.

7 0

3 years ago

Read 2 more answers

A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for 10,000 and paid 750 for the frei

prisoha [69]

Answer:

The correct option is A:

cost of goods sold 10,750

merchandise inventory 10,750

Explanation:

When goods are bought for resale,the total cost of the goods bought is usually the invoice price paid as well as the cost of bringing in the goods i.e freight,hence the cost of the goods sold here is the invoice price of $10,000 plus the freight of $750,giving total cost of $10,750

When the goods are sold,merchandise inventory would be credited with $10,750 while cost of goods sold is debited with same amount.

The correct option is first one with cost of goods sold debited with $10.750 and merchandise inventory credited for $10,750

4 0

2 years ago

Distinguish between the benefiets of traditional banking amd the benefiets of online banking

Alona [7]

Traditional banking- you can secure your deposit because you personally banked it..
while
online banking- for me you can't 100% sure your secured because you know there where so many fake agents out there but it's good benefits are you are just sitting and surfing the net and you dont won't be hustle anymore

6 0

3 years ago