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ira [324]
3 years ago
5

Actual indirect materials costs$11,800 $6,700 Actual indirect labor costs 55,600 45,900 Other overhead costs 16,000 49,900 Overh

ead applied 91,400 96,700 Storm Concert Promotions Determine whether overhead is overapplied or underapplied. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold. Valle Home Builders Determine whether overhead is overapplied or underapplied. Prepare the journal entry to allocate (close) overapplied or underapplied overhead to Cost of Goods Sold.
Business
1 answer:
dusya [7]3 years ago
7 0

Answer:

See below

Explanation:

1. Actual costs = $11,800(indirect material + $55,600(indirect labor) + $16,000(other overhead costs) = $83,400(actual cost)

$91,400(overhead applied) - $83,400(actual cost) = Overhead applied is greater than the actual cost which means that overhead was over applied by $8,000

2. Debit: Manufacturing overhead $8,000

______ Credit: Cost of goods sold $8,000

3. Actual costs = $6,700(indirect material) + $45,900(indirect labor) + $49,900(other overhead costs) = $102,500

$96,700(overhead applied) - $102,000(actual costs) = Overhead applied is less than the actual costs which means that overhead was under applied by $5,800

4. Debit : Cost of goods sold $5,800

_______ Credit: Manufacturing overhead $5,800

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Explanation:

Is there a private detective that the venture capital company contracts? Does it investigate the start fraud? Answer 5 SHART Redux Time Reports REQUEST PLUS REQUID TIME REPORTS can be far from this growth list. Have you ever been online and offline? Later below the procedure for reporting such incidents. 1 Answer  Paul Cohn, I made that VC answered on August 4, 2015. Risk capital Working process is very complete and it will be difficult to detect any kind of fraud. VC sometimes helps diligent using an external company. In general, VCs do not adopt private detective, but often use a company that verifies the background verification. Some of the background control companies may exceed recording recording, but can do a private research work as necessary, but it does not happen frequently (it has never disappeared so much disappeared). The records are considering the following: Confirmation of training for education A pre-employment confirmation is to find legal issues that participate in personal credit issues and find false statements of the contractor / administration team. With regard to your education and employment history, it may be possible to see if you have other legal and credit problems, do not disclose. It is very unusual to find a "fraud", but it is possible to make sure that VC asks entrepreneurs questions, and at least the contractor can confirm that all the company's product events fully advertise that you can find it. After the investment.

6 0
2 years ago
Read 2 more answers
Race is best defined as _____.
nirvana33 [79]
A socially constructed category made up of people who share biologically transmitted traits
7 0
3 years ago
The receiving department has three activities: unloading, counting goods, and inspecting. Unloading uses a forklift that is leas
stepladder [879]

Answer:

Calculating the cost of each activity,

Unloading = $ 80,100

Counting = $ 37,500

Inspecting = $54,450

Explanation:

Given:

Unloading lease = $15,000 per year

Fuel for the forklift = $3,600 per year

Maintenance for the forklift = $1,500 per year

Inspection uses some special testing equipment that has depreciation of $1,200 per year

Operating cost = $750.

Receiving employees average salary = $50,000 per year

Salaries; 3 × 50,000 = 150,000

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Counting salary = 25%  × 150,000 = 37,500

Inspecting salary = 35% × 150,000 = 52,500

                              Unloading                 Counting                    Inspection

Equipment               15,000                                                             1,200

Fuel                           3,600

Operation cost          1,500                                                                750

Labor                       60,000                   37,500                          52,500

Total cost                 80,100                   37,500                          54,450

6 0
3 years ago
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sladkih [1.3K]

Answer:

b. The standardization and grading function

Explanation:

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7 0
3 years ago
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daser333 [38]

Answer: Organizational Development (HR)

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3 years ago
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