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WARRIOR [948]
3 years ago
8

During March, Pendergraph Corporation incurred $65,000 of actual Manufacturing Overhead costs. During the same period, the Manuf

acturing Overhead applied to Work in Process was $67,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:
Business
1 answer:
Yanka [14]3 years ago
5 0

Answer: Credit to manufacturing overhead of $67000.

Explanation:

The journal entry to record the application of Manufacturing Overhead to Work in Process would be:

Debit Work in Progress $67000

Credit Manufacturing overhead $67000.

( To record the application of manufacturing overhead to work in process).

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An example of _____ is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of
WINSTONCH [101]

An example of blockbusting is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of homes by minorities.

<h3>What is blockbusting?</h3>

blockbusting can be regarded as the act of profiteering through  inducing property owners to sell hastily  which do occur at a loss by appeals to fears of depressed values.

In this case, An example of blockbusting is causing panic selling by telling people that value in a neighborhood will decline due to the purchase of homes by minorities.

Learn more about blockbusting on:

brainly.com/question/24452126

#SPJ1

4 0
2 years ago
Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. Th
nata0808 [166]

Answer:

Option (D) is correct.

Explanation:

Calculation of total manufacturing overhead:-

4000 units manufacturing overhead:

= Production volume ×  Manufacturing overhead

= 4,000 × $94

= $376,000

5000 units manufacturing overhead:

= Production volume ×  Manufacturing overhead

= 5,000 × $77.60

= $388,000

Variable cost per unit:

=\frac{5000\ units\ manufacturing\ overhead-4000\ units\ manufacturing\ overhead}{1000}

=\frac{388,000-376,000}{1000}

= 12

Fixed cost = Total cost - variable cost

                 = $388,000 - 5,000 × 12

                 = $388,000 - $60,000

                 = $328,000

So total monthly fixed manufacturing cost is $328,000.

7 0
3 years ago
A key factor in evaluating the target market's attractiveness is the market's desire for alternative/natural solutions because t
Iteru [2.4K]

Answer:

c. Athletes

Explanation:

Based on the information provided within the question it can be said that you should target Athletes. This is because you are offering turmeric meal replacement bars as an alternative natural treatment. Out of all the answers provided Athletes are the ones who would be most interested in this since they need to consume natural food and meals in order to maintain their health and performance.

3 0
3 years ago
On January 1, 2021, the Allegheny Corporation purchased equipment for $115,000. The estimated service life of the equipment is 1
Mazyrski [523]

Answer:

1. $11,000 each year

2. $23,000 and $18,400

3. $15,000 and $12,500

Explanation:

The calculation of the depreciation expense for the 2021 and 2022 is shown below:

1. Straight-line method:

= (Purchase value of equipment - estimated residual value) ÷ (estimated service life)

= ($115,000 - $5,000) ÷ (10 years)

= ($110,000) ÷ (10 years)  

= $11,000

In this method, the depreciation is same for all the remaining useful life  i.e for 2021 also the same depreciation is applied i.e $11,000

2. Double-declining balance method:

First we have to determine the depreciation rate which is

= One ÷ estimated service life

= 1 ÷ 10

= 10%

Now the rate is double So, 20%

In year 1, the original cost is $115,000, so the depreciation is $23,000 after applying the 20% depreciation rate

And, in year 2, the $(115,000 - $23,000) × 20% = $18,400

3. Units-of-production method:

= (Purchase value of equipment - estimated residual value) ÷ (estimated production units)

= ($115,000 - $5,000) ÷ ($220,000 units)

= ($110,000) ÷ (220,000 units)  

= $0.5 per units

For 2021, it would be

= Production units in 2021 year × depreciation per unit

= 30,000 units × $0.5

= $15,000

Now for the 2022, it would be  

= Production units in 2022 year × depreciation per unit

= 25,000 units × $0.5

= $12,500

4 0
3 years ago
Electro Company manufactures an innovative automobile transmission for electric cars. Management predicts that ending finished g
Korolek [52]

Answer:

\left[\begin{array}{ccc}-&Q2&Q3\\Sales&327,000&221,000\\Ending&132,600&153,600\\Beginning&196,200&132,600\\Production&263,400&242,000\\\end{array}\right]

Explanation:

Ending: 60% of nex quearter

q3 221,000 x 60% = 132,600 ending of q2 (therefore beginning of q3

q4  256,000 x 60% = 153,600 ending of q3

begining of q2 is ending of q1 196,200

Production:

sales + desired ending inventory - beginning units

3 0
3 years ago
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