Answer:
Manufacturing overhead A/c Dr $1,000
To Costs of good sold A/c $1,000
(Being the under allocated overhead is recorded)
Explanation:
The adjusting entries are shown below:
Manufacturing overhead A/c Dr $1,000
To Costs of good sold A/c $1,000
(Being the under allocated overhead is recorded)
The computation is shown below:
= Manufacturing amount - the overhead amount
= $148,000 - $147,000
= $1,000
We simply debited the manufacturing overhead account and credited the costs of goods sold account
Answer:
the project's IRR is b. 13.21%
Explanation:
The Internal Rate of Return (IRR) of a Project is interest rate that causes the the Present Values of the Project Cashflows to equal the price of the Initial Investment.
This can be calculated using a financial calculator as follows ;
-$1000 CFj
$425 CFj
$425 CFj
$425 CFj
Then Shift IRR/YR we get 13.2054 % that is 13.21%.
Answer:
because it means that the more you earn, the more you pay. If your income equals or exceeds these amounts, you will need to file taxes. and that's why you have to pay certain amounts of taxes.
Explanation:
(sorry if you get it wrong)
Answer:
concept map
Explanation:
Concept map -
It refers to the method of mapping , which enables to deal with the various people , languages etc . , is referred to as concept map .
It is one of the method to adapt in the business in order to plan and plot for the upcoming projects or assignments .
The method makes all the task very easy and precise .
Hence , from the given information of the question ,
The correct answer is concept map .
