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Greeley [361]
3 years ago
15

During March 2019, Alaska Corporation recorded $266,000 of costs related to factory overhead. Alaska's overhead application rate

is based on direct labor hours. The preset formula for overhead application estimated that $250,000 would be incurred, and 12,500 direct labor hours would be worked. During March, 12,500 hours were actually worked. Use this information to determine the amount of overhead over or under applied. Enter overapplied overhead as a negative number. (round
Business
1 answer:
ehidna [41]3 years ago
4 0

Answer:

Underapplied overhead= $16,000

Explanation:

<u>Because the estimated and real direct labor hours are the same, the estimated overhead equals the allocated overhead.</u>

Allocated overhead= $250,000

Actual overhead costs= $266,000

<u>To calculate the over/under allocation, we need to use the following formula:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 266,000 - 250,000

Underapplied overhead= $16,000

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Answer:

The answer is: A) Extraordinary gains from extinguishment of debt.

Explanation:

Other comprehensive income (OCI) refers to gains that have an effect on the balance sheet of a business but are not included in its income statement. They are reported separately on the statement of comprehensive income along with the net income. These gains have not yet been realized. For example, your company owns government bonds and their price increases, but the company has not sold them yet, so no capital gain has been realized.

5 0
3 years ago
.Can competitors imitate FedEx’s approach in international markets and take market share away from the company? Why or why not?
Zinaida [17]

Answer: why, to ward off threat from their competitors. Why not, they should avoid unholy competition fair practices and exhibit only those practices that are capable of sustaining perfect competition.

Explanation:

Courier service : This is a service provided by a private postal organizations that specializes in fast, quick delivery of mail's, parcels for people,. FedEx is an American multinational company that specializes in the provisions of these services both local and around the world. Their services ranges from the provisions of quick delivery of mail's and parcels to their destinations promptly, ensure that their customers goods or parcels are delivered safely to their destinations that is their is no loss of goods in transit, they also provides extended hours of services to their customers. In addition, they also insure the goods or parcels with the insurance company in order to provide an insurance cover for the goods or parcels in case of loss.

The competitors are the firms operating within the same industry and providing similar or substitute product or services. The aim of every competitors in the market is to gain the largest share of the market. The competitors want to become the market leader. The question now is why or why not, to answer the question of why, the competitors should imitate the approach of their competitors in order to learn about the operations of their competitors with a view to ward off whatever threat that may come from them.they can do these by looking at the competitors product packaging, pricing policies, Discount structures, promotional and distribution strategies. All these need to be well understood. The knowledge of these would help the organization to understand and respond positively to pressures from their competitors. For instance, if their competitors has been making use of advertising, the firm should consider other alternatives such as promotion or publicity.

To answer the question of why not, a firm should not imitate the approach of FedEx in the international market and take market share away from the company, because a firm should avoid a reckless and damaging competition rather they should see one another as partners in progress. They should avoid an unholy competition fair practices, they should always exhibit only those practices that are capable of sustaining perfect competition.

3 0
3 years ago
What are the required components of a database function? Check all that apply. = D in front of the command a single argument ran
slavikrds [6]

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<em />

As a result of this, we can see that the required components of the database function include the =, the range, field, criteria and the D in front of the command.

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3 0
2 years ago
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PolarNik [594]

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Explanation:

:) Let me know if this helps!

(Are you talking about commercial banks?)

7 0
4 years ago
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400.
nasty-shy [4]

Answer:

$3,340

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Therefore,

the machine's second-year depreciation using the units-of-production method is $3,340

4 0
3 years ago
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