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
zepelin [54]
3 years ago
12

During May, Darling Company incurred factory overhead costs as follows: indirect materials, $2,250; indirect labor, $6,370; util

ities cost, $2,660; and factory depreciation, $3,320.
Required:
Journalize the entry to record the factory overhead incurred during May.
Business
1 answer:
Hunter-Best [27]3 years ago
4 0

Answer:

factory overheads $14,600 (debit)

indirect materials, $2,250 (credit)

indirect labor, $6,370 (credit)

utilities cost, $2,660 (credit)

factory depreciation, $3,320 (credit)

Explanation:

The factory overheads account is debited with factory overheads actually incurred during the period.

Overheads applied to work in process are credited in the overheads account.

This leaves the balance of over or under-applied overheads on either the debit or credit of this account.

You might be interested in
What happens in your retirement if you have a lapse in your years of work history?
TiliK225 [7]

Your monthly benefit will be lower

6 0
3 years ago
Using the profitability index method, the present value of cash inflows for project flower is $88,000 and the present value of c
ICE Princess25 [194]
Im not so sure yu should ask somebody thats really good in math sorry i couldnt help
4 0
3 years ago
- Name the six business management perspectives that go beyond planning, controlling, and decision making?
wel

Answer 4:

Following are the six business management perspective:

  1. Ethical Stance
  2. Strategic aspects of the decision
  3. Risk Management
  4. CSR Aspect
  5. Process Management Aspects
  6. Leaders Perspective

Answer 5:

IMA stands for Institute for Management Accountants.

The IMA Statement of Ethical Professional Practice has listed following four standards for the professionals who are member of IMA to comply with:

  1. Competence: The member must be competent in his role in accordance to his experience, skills, knowledge, complying laws & regulation and always acting ethically.
  2. Confidentiality: Must not breach the confidentiality implied duty on him except in situations when disclosure of information is mandatory by law.
  3. Integrity: Must be straight forward and there must be no self interest in his dealings with the company and must considerably reduced.
  4. Credibility: Communicate the results with unbiased decision making.

Answer 6:

Because freedom does not means that our self interest is everything. We owe duty of care to people who rely on our acts. An accountant, auditor or internal auditor must act ethically or universally that benefits everyone without breaking the laws and ethical duties imposed by the professional bodies. If we go back to Enron case, we see that the External auditor was not acting in the public interest and as a result Enron which was the world's first $100 billion dollars company collapsed. The collapse of Enron bankrupt many pension companies which further affected the lives of the ordinary person in the USA. Furthermore, due to collapse of Enron, a lot of people withdraw the amount invested in Stock exchange. Dozens of companies and millions of people suffered from this unethical behaviour of professionals.

Answer 7:

Corporate Social Responsibility means that the company is just like an human being and its operations must not harm the environment, so this the least duty which the stakeholders expect from them. Being a good social beings, the companies must try to stable the environment situation in its surrounding and wherever its stakeholders live. For Example, The refinery companies have stopped poluting the oceans with their oil spills, now they have opted to newest technology that will eliminate the harmful effects of their oil spills and bring stability in the environment.

Another example includes the lower usage of natural resources. In UK it is the companies responsibility to reduce its natural resources usage which will lower the pollution. This additional care has a cost and may lead to lower competitiveness of the products so there must be a law globally that enforces to act socially responsible.

7 0
2 years ago
6. The recommended approach for strategy formulation by a leader is for him or her to: Group of answer choices B. inspire a larg
larisa86 [58]

Answer:

B. inspire a large number of people to help achieve organizational purposes.

Explanation:

Business strategy sets the overall direction for the business; it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.

The recommended approach for strategy formulation by a leader is for him or her to inspire a large number of people to help achieve organizational purposes.

8 0
3 years ago
A hardware store will run an advertising campaign using radio and newspaper. every dollar spent on radio advertising will reach
Sindrei [870]
The answer would be 900k I thinkg
6 0
3 years ago
Other questions:
  • There are normally eight steps in the troop-leading process. what is step eight?
    12·1 answer
  • In the absence of market failures, when the government taxes market participants, the effect is to move the market: Group of ans
    11·1 answer
  • Imagine your boss wants you to investigate ways your company might be able enhance customer satisfaction, create an attractive l
    11·1 answer
  • Martin, an employee at a boutique store, is required to handle store displays and also ensure that all the sales records tally a
    15·1 answer
  • 2. What do you think would be the most challenging part of working in advertising? Explain.
    14·2 answers
  • I’m in economics please help
    6·1 answer
  • Which of the following companies is using cost drivers effectively to manage value chain activities cost efficiently?a. Company
    9·1 answer
  • How can you apply Total Quality Management, Six Sigma, Kaizen & Lean principles to improve the management of an academic ins
    8·1 answer
  • On October 4, 2018, Sheffield Corporation had credit sales transactions of $5400 from merchandise having cost $2800. The entries
    7·1 answer
  • The vice president of operations of Free Ride Bike Company is evaluating the performance of two divisions organized as investmen
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!