Answer:
Applied overhead = $380,250
Under applied by = $71,750
Explanation:
Firstly, we know that the formula for overhead rate is ;
Overhead rate = Cost of manufacturing overhead/Cost driver
It also means that to get the predetermined overhead rate, the expected cost will be distributed along a cost driver. Hence;
Labor hours = $396,500/61,000 = $6.5
The above rate would then be applied to the actual labor hour for the period
= $58,500 × $6.5 = $380,250
It therefore means that the applied overhead for the period is $380,250
We will now compare the applied overhead with actual overhead
= $380,250 - $452,000
= ($71,750)
It means that the overhead was under applied as the actual overhead cost was higher.
<h2>Yes I keep my feeling controlled by "Intrapersonal intelligence"</h2>
Explanation:
The term "Intrapersonal" intelligence might be something new but it is one of the soft skill which completely talks about "Personal emotions"
It is highly difficult to manage feelings both which are positive and negative in nature but a person who can control the emotions are the best leaders and most successful person. So a person who possess good "intrapersonal" skills will never yell at anyone or hurt anyone at work and will find other possible ways to solve it or pin point about the mistake.
It depends on what type of meeting it is tell me what type of meeting it is and then i might give you some things necessary :)
Answer and Explanation:
The computation is shown below:
a. For Account receivable days is
= Total number of days in a year × account receivable balance ÷ Sales
= 365 days × $50,000 ÷ $445,000
= 41.01 days
b. For inventory days
= Total number of days in a year × inventory balance ÷ Cost of Goods sold
= 365 days × $50,000 ÷ $280,000
= 65.18 days
c. For Account payable days
= Total number of days in a year × account payable balance ÷ Cost of Goods sold
= 365 days × $42,000 ÷ $280,000
= 54.75 days
d. For a cash to cash days
= Account receivable days + inventory days - account payable days
= 41.01 + 65.18 + 54.75
= 51.44 days
Answer:
Option (a) is correct.
Explanation:
Amount paid for house three years ago = $85,000
Selling price of house today = $110,000
Therefore,
Property appreciated by following percentage:
= (change in value ÷ Amount paid for house three years ago) × 100
= [($110,000 - $85,000) ÷ $85,000] × 100
= ($25,000 ÷ $85,000) × 100
= 0.2941 × 100
= 29.41%
