Answer:
Journal entries
Explanation:
The journal entries are as follows
On July 1
Prepaid insurance Dr $12,400
To Cash $12,400
(Being the payment is recorded)
On December 31
Insurance expense Dr $3,100
To Prepaid insurance $3,100
(Being the insurance expense is recorded)
It is computed below:
= $12,400 × 6 months ÷ 24 months
= $3,100
Answer:
Allocated MOH= $120,400
Explanation:
Giving the following information:
The following fixed overhead data relates to March:
Actual 41,000 units 6,020 hours $125,500
Static Budget 39,000 units 5,850 hours $117,000
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 117,000/ 5850= $20 per hour
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 20* 6,020= $120,400
Nursing is a human service. As in nursing we help the patients to get well. Not only for salary, they personly also try to help the patient with a lot care. Some nurses also treat the patient as their own family. Thus, nursing is a human service.
Answer:
Benefit sought
Explanation:
Customer segmentation can be defined as the process of placing customers into different groups, this grouping is based on the age, interest, gender. It can also be referred to as the classification of potential customers based on the similar characteristics that they share.
Customer segmentation makes it easy for marketers create an awareness of their product to a particular group of people.
Benefit sought can be described as the segmentation of a market based on the various benefits that potential customers receive from purchasing a product.
