I think the correct answer is A
Total; percentage
The amount of applied overhead is $1,000.
<h3>
What is inventory?</h3>
- The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock.
- The main focus of inventory management is determining the location and shape of stocked commodities.
<h3>What is material cost?</h3>
- The price of direct materials is directly related to the unit of production and is immediately identifiable.
- For instance, the price of glass is a direct material expense in the production of light bulbs.
- The primary component needed for the production of commodities or products was material.
<h3>Solution -</h3>
To find the amount applied overhead:
3200 - ( 1400 + 800 ) = 3200 - 2200
= $1,000
Therefore, the amount of applied overhead is $1,000.
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DMAIC is an acronym for Define, Measure, Analyze, Improve and Control. It is a procedure intended to enhance and keep up business forms. The period of which the sole intention is to show with actuality and information that your answers take care of your concern is "move forward."
It alludes to an information driven change cycle utilized for enhancing, streamlining and settling business procedures and outlines. The DMAIC change cycle is the center device used to drive Six Sigma ventures.
Answer:
$0
Explanation:
Scott Company must record the warranty expense and liability regarding the products sold during the years that they occur. For example, the following journal entry must be made to record the warranty expense for year 1:
Dr Warranty expense 25,000
Cr Warranty liability 25,000
During year 2, they will record the warranty expense for that year:
Dr Warranty expense 20,000
Cr Warranty liability 20,000
That means that during year 3, the only warranty expense recorded will be the one related to the goods sold during that year.
The 4-year term instrument's nominal rate is higher than the 2-year term instrument's nominal rate.
What is nominal rate?
The increase in payment you make to the lender for using the borrowed funds is known as the nominal interest rate.
The rate of compounding is higher for 2-year investments than for 4-year investments, which are compounded semi-annually.
As a result, option (b) is correct.
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