1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
snow_lady [41]
3 years ago
13

For an automobile company, the total overhead applied was $48,000,000 at the end of the year. Actual overhead was $52,850,000. C

losing over/under applied overhead into cost of goods sold would cause net income to:
Business
1 answer:
ICE Princess25 [194]3 years ago
4 0

Answer:

Net income decreased by $4,850,000.

Explanation:

Given total overhead applied = $48000000

The actual overhead = $52850000

Over/under Applied overhead = total overhead applied - Actual overhead at the end of the year.

Over / under Applied overhead = 48000000-52850000

Over / under Applied overhead = -$4850000

From the calculation, it can be seen that the overhead is underapplied therefore when under applied overhead allocated to cost of goods sold then cost of goods sold decreased by $4850000.

You might be interested in
PLZ HELP THIS IS DUE IN A FEW HOURS!
Irina18 [472]

Answer:

What are some examples of companies providing consumers with goods?

Some examples of companies that provide goods are Target, Walmart, dollar tree.

What are some examples of companies providing consumers with services?

          Some examples of places that provide services are restaurants, movie theaters, ubers.

Can you think of any companies providing services and goods to consumers?

Amazon because they provide goods and deliver them to your door.

6 0
4 years ago
Kate enjoys horseback riding and has been wanting a new show saddle for her
Elina [12.6K]
He is very happy his daughter can reach her goal but he wants to make sure she is definitely sure on what she wants to spend the money on
7 0
4 years ago
Read 2 more answers
A disadvantage of the centralized organization is that it: lengthens response times by those closest to the market conditions be
jolli1 [7]

Answer:

results in higher-level managers being unaware of actions taken by empowered personnel under their supervision.

Explanation:

4 0
4 years ago
Which answer best fills in the blank in this sentence?
Levart [38]

Answer:

Less

Explanation:

The answer is Less.

7 0
3 years ago
Purchasing a car on a loan through the bank or dealership is called:
Fudgin [204]

Answer:

D If im not mistaking

Explanation:

6 0
3 years ago
Other questions:
  • A business buying situation in which the buyer reorders something without any modifications is known as a​ _
    12·1 answer
  • You are thinking of purchasing a house. The house costs $ 200 000. You have $ 29 comma 000 in cash that you can use as a down pa
    10·1 answer
  • Acme Enterprises began the year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this merc
    12·1 answer
  • Max and mimi are using a method of birth control that requires mimi to carefully observe changes in the secretions from her cerv
    15·1 answer
  • A wholesale distributor of cleaning products is thinking about buying 200 more cases of a floor cleaning compound than she norma
    12·1 answer
  • Gidgits Galore has been busy during this lesson continuing its expansion plans throughout the United States. After all, everyone
    13·1 answer
  • Water and air are examples of _____ resources while people are considered to be _____ resources
    10·1 answer
  • Income tax in a certain state is calculated as follows on the first 1000 at 2%,3% on next 2000,4% on the next 3000 and 5% there
    8·1 answer
  • One of the requirements of an enforceable lease is that both parties are bound to the terms of the lease. This is called ______.
    9·1 answer
  • Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!