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Ronch [10]
2 years ago
9

Omega Company would have applied $31,500 of fixed manufacturing overhead if capacity usage had equaled the master budget. Given

that 2,000 standard hours were allowed for the actual output, that actual fixed manufacturing overhead equaled the budgeted amount, and that overhead was applied at a rate of $15 per hour, what is the entry to close the fixed manufacturing overhead accounts
Business
1 answer:
pochemuha2 years ago
4 0

Answer and Explanation:

The journal entry to close the manufacturing overhead account is shown below:

Given that

There is applied overhead of $31,500

And, the budgeted overhead is

= 2,000 × $15

= $30,000

As we can see that the budgeted overhead would be lower than the applied overhead so this is an under applied overhead

Cost of goods sold Dr $1,500 ($31,500 - $30,000)

         To factory overhead $1,500

(Being the closing of overhead is recorded)

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Employees and customers are treated like a family at State Street Coffee House. Jason and Jill, the owners, work to encourage un
qaws [65]

Answer: (D) Clan culture

Explanation:

The clan culture is one of the type of friendly type corporate environment in an organization and it is also known as collaborative culture. Clan culture is one of the element of corporate clan culture model.  

There are many types of advantage of clan culture in an organization are as follows:

  • Clear communication
  • Increase in company productivity
  • Increase in organization growth

According to the question, Jason and the Jill are the owner of the company an they always encourage and also motivate their employees. They also try to increase the job satisfaction among the employees and they try to built the clan culture in the company.

Therefore, Option (D) is correct.

3 0
3 years ago
Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1
Leona [35]

Answer:

idk

Explanation:

7 0
3 years ago
Historically, demand has averaged 1447 units per week with a standard deviation of 715. The company currently has 2855 units in
Alik [6]

Answer:

c. 97.558%

Explanation:

Options are <em>"A. 50.0.% B. 2.442% C. 97.558% D.197.0% E. 47,442%"</em>

Mean = μ = 1447

Standard deviation = σ = 715

Observed value = X = 2855

Using z-score formula, Z = (X - μ) / σ

Z = (2855 - 1447) / 715

Z = 1.97

P(Z<1.97) = 0.97558

P(Z<1.97) = 97.558%

So,  the probability of a stock-out is 97.558%.

4 0
3 years ago
What happens if you pay off an installment loan early​
Yuliya22 [10]

When you pay off an installment loan early you will save money on interest.

The bank charges an interest rate on money that they loan out. When you pay the loan early you do not have to pay the interest on the money for the amount of time left on the loan.

4 0
3 years ago
An rn is a supervisor in an organization that has total quality management (tqm) as the backbone of its organizational goals and
miss Akunina [59]
The supervisor can create unit teams. These teams are different from assigning nurses to different rooms or patients. As teams they work together to ensure the patient's care is monitored, documented and on time.

On a unit floodgates three elements are important. Some examples are; (1) monitoring vital signs at the correct intervals, (2) properly documenting all treatments and recording vital signs, and (3) medications are given autocorrect times and documented.

All of these elements include aspects of TQM. The medical record has to correctly reflect the patient's care. Errors can be very subtle. If you aren't paying attention, you could put outnumber in it that incorrect. If you are interrupted, there is a possibility of incorrect documentation.

Timely bringing to attention abnormalities to the supervisor or doctor, can be crucial.

I he this is sufficient. It's about "doing the right things right, all the time, every time."
3 0
3 years ago
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