Answer:
Overhead rate= 1.2
Explanation:
Giving the following information:
The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period.
Direct material= $500, & $300
Direct labor= $400 & $600
Manufacturing overhead =?
Work in process= direct material + direct labor + manufacturing overhead
3000= 800 + 1000 + MOH
3000-800-1000= MOH
1200= MOH
Overhead rate= moh/direct labor
Overhead rate= 1200/1000= 1.2
Answer: $5,440
Explanation:
When using the percent of sales method to determine bad debts, the company estimates a percentage that it believes will results in uncollectible debt and then applies it to the sales/revenue figure. The figure that is calculated is then debited along with the debit balance on the Allowance for doubtful accounts to the Bad debts account for the year and credited to the Allowance for doubtful accounts.
This company estimates that they will have 0.6% of credit sales uncollectible.
There are also $790,000 in sales of which all are on credit.
The Uncollectible estimate is therefore,
= 790,000 * 0.6%
= $4,740
This figure is then added to the debit amount on the Allowance for Uncollectible Accounts.
= 4,470 + 700
= $5,440
Note; A debit balance on the Allowance for doubtful debt account signifies that the bad debts were higher than anticipated the last time. This is why the figure is added to the current bad debts expense.
Answer:
Specialty line
Explanation: Specialty kine is a business term which tries to describe the line of product or services of which a person or a business entity is good at. This can be in the sale of Consumer goods,or in the distribution of a particular product or the marketing of a give set of product etc.
SIMPSON MICRO HAS A SPECIALTY LINE THAT HAS TO DO WITH THE SALE AND HANDLING OF COMPUTER SOFTWARES, Specialty lines help to allow the product line where it's.business have a good experience.
Answer:
The cause may be environmental
Explanation:
The ratios show that ratio of incidence of chronic lymphocytic leukemia (CLL) in the population of country X is five times higher than the ratio in U.S. whites. However, the ratio of CLL in migrants from Country X to the U. S. is exactly the same as the ratio in U.S. whites. This relationship indicates that, rather than being genetic, the cause of CLL is more likely to be environmental.
<span>IF ONE OF THE PARTIES OF A COURT CASE DOES NOT AGREE WITH THE THE VERDICT THEY HAVE THE OPTION OF TRYING TO APPEAL IT AT A HIGHER COURT. IF THE COURT DECIDES DECIDES TO ALLOW THE APPEAL THEY HAVE THE OPTION OF ANOTHER COURT TRIAL.</span>
