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TiliK225 [7]
2 years ago
9

Using the following accounts and an overhead rate of 80% of direct labor cost, determine the amount of applied overhead. Work in

Process Inventory Beginning WIP 18,300 Direct Materials54,900 Direct Labor
Business
1 answer:
Basile [38]2 years ago
8 0

Answer:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Explanation:

Giving the following information:

Overhead is applied base on an estimated overhead rate of 80% of direct labor cost.

<u>We weren't provided with enough information to calculate the allocated overhead. But, I will give a numerical example as well as the formula:</u>

To allocate overhead, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

For example:

Direct labor= $50,000

Allocated overhead= 0.8*50,000= $40,000

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The limited liability of a stockholder in a closely-held corporation may be challenged successfully if the stockholdera. Underca
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Answer:

The correct Option is A

Explanation:

When the limited liability of the stockholder and it is a closely held corporation which might be challenged successfully if the stockholder, undercapitalized the corporation  which means that the corporation does not have enough capital to pay creditors and conduct normal operations of the business and it will be done when it is established or formed.

5 0
3 years ago
Select a business/company that you feel does not understand the psychology of waiting and provide examples in their process wher
kramer

Answer:

Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :  

a) Uncertain Waits Are Longer than Explained Waits - There is no clarification or sureness with respect to how a lot of time it will take for the espresso or your refreshment to be conveyed while you are in that line. This is questionable as the client's before you would request mass requests which may take additional time than only one espresso. In this way, these holds up are questionable.  

b) Occupied Time Feels Shorter than Unoccupied Time - While you are remaining in that line, you have an inclination that your 5-10 minutes have been squandered which you could have better used busy working or at home. In this manner, the time was abandoned and hence feels a waste. While on the off chance that the time was involved by some different methods in the line, at that point it would have been justified, despite all the trouble to remain in the line.  

c) Individual Waits Feel Longer than Group - Now very likely in a line, we will have people who are standing by solo for their request in the line. In this manner, the performance hold up will feel longer than holding up in an organization of companions or additionally little converses with outsiders or conveying here and there. In this manner, the issue of solo holding up is a distress and it remains.

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3 years ago
Suppose there is a decrease in the price of butter. What do we expect to happen to the demand for bread? Assume that bread and b
dimulka [17.4K]

Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.

<h3>Option (B) is correct</h3>

<u>Explanation:</u>

Bread and butter are complementary goods. They are demanded and consumed together. So their demand are positively correlated which means an increase in demand of one will lead to the same increase the demand of other

If the Price of butter decreases,  it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.

3 0
3 years ago
When managers are flexible, creative and willing to learn from mistakes, they are addressing which aspect of emerging public iss
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Managers are handling complexity when they are adaptable, imaginative, and prepared to learn from mistakes.

Describe complexity.

According to the scientific theory of complexity, certain systems exhibit behavioral traits that are utterly outside the scope of any traditional examination of the system's component pieces. These phenomena, also known as emergent behavior, appear to be present in a variety of complex living organism-based systems, such as the stock market and the human brain. For instance, according to complexity theorists, a stock market crash is an emergent result of the activities of several individual investors on a complex financial system, just as human awareness is an emergent characteristic of a complex network of neurons in the brain.

to know more about complexity

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6 0
1 year ago
Amanda and jack are working on their taxes and need to determine which form to file. they had wages, interest, and dividends. in
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I guess the correct answer is 1040.

Amanda and Jack are working on their taxes and need to determine which form to file. They had wages,  interest, and dividends. In addition, they bought a house this past year and are thinking of itemizing their  deductions.

They should use the form 1040.

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3 years ago
Read 2 more answers
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