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MakcuM [25]
3 years ago
5

Stoneside Inc. has provided you with the following information for its Manufacturing Overhead account at the end of the period.

Actual manufacturing overhead costs incurred total $31,910. The company applied manufacturing overhead cost in the amount of $28,900. What is the overapplied or underapplied manufacturing overhead
Business
1 answer:
sleet_krkn [62]3 years ago
7 0

Answer:

Under applied overhead of $3,010

Explanation:

Actual manufacturing overhead

$31,910

Less:

Applied manufacturing overhead

($28,900)

Under applied overhead

$3,010

The difference between actual overhead incurred and the overhead applied is under applied or over applied manufacturing overhead.

With regards to the above, it is under applied manufacturing overhead because applied overhead is less than actual overhead.

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High demand and a shortage of produced goods
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As a management function, organizing involves:_____.
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As a management function, organizing involves:

  1. developing organization structure;
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Therefore, the option D holds true.

<h3>What is the significance of management functions?</h3>

The management functions were proposed by Henry Fayol, and can be referred to or considered as the essential functions for efficient functioning of a business organization.

Organizing is the second management function. It is performed after the planning function has been accomplished successfully by the organization to develop its structures in order to designate jobs.

Therefore, the option D holds true and states regarding the significance of management functions.

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7 0
1 year ago
When meeting a CEO whom he hoped to win over as a new client, James, dressed in an Armani suit, introduced himself from across h
Alexxandr [17]

Answer: Wearing high status clothing

   

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In the given case, James tried to persuade his clients by showing that he belongs to the high class of the society and maintains a high status. He did so by wearing the expensive clothes. Such persuation will result in perception that James is hardworking and trusted.

Hence from the above we can conclude that the correct option is B.

5 0
3 years ago
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In producing product AA, 6,300 pounds of direct materials were used at a cost of $1.10 per pound. The standard was 6,000 pounds
abruzzese [7]

Answer:

300 A

Explanation:

(SQ - AQ) SP

(6000 - 6300)1

300 A

It means that actual quantity produced is worse than expected quantity.

5 0
3 years ago
question content area for the year ended december 31, orion, inc. mistakenly omitted adjusting entries for $1,500 of supplies th
Oduvanchick [21]

Errors will have a $2,300 overstatement of net income on revenues, costs, and net income.

The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in the company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

Net income = Total revenue - total expenses

where,

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Total Expense = Supplies expense + insurance expense = $1,500 + $5,000 = $6,500

Net Income = Total revenue - Total Expenses = $4,200 - $6,500

Net Income = -$2,300

Therefore, there's an overstatement of $2300 in Net Income.

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