Since you have a responsibility to learn basic computer skills, you could lose your job. This is because as an employee who has already finished the necessary training, you are not still proficient in the basic functions in the applications that you use in your department, which is this situation, shouldn’t be the case.
Answer:
a) 187,200 applied overhead
b( Overhead T-account
Overhead
<u> Debit Credit </u>
187,200
225,000
<u> 37,800 </u>
225,000 225,000
Balance: 0
c)
Cost of goods sold 37,800 debit
Factory overhead 37,800 credit
Explanation:
78,000 machine hours x 2.40 dollar per hour = 187,200 applied overhead
incurred overhead: 225,000
applied overhead 187,200
as the actual overhead is above the applied amount we underapplied we need to increase it by the difference:
225,000 - 187,200= 37,800
Marketers use this kind of data validation:
A. time series sales model
Explanation:
The time series sales model usually works for marketing campaigns because ultimately the marketeer wants to understand how many sales are being converted from primary and secondary sources.
This then leads to the cost and result assessment of the firm.
So, the time series sales model tells when how many sales are being done with some semblance of a filter for the secondary sources from the data of the marketer that they would have.