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rosijanka [135]
3 years ago
15

Manufacturing overhead was applied to production at 60 percent of the direct labor cost of $10,000. The entry under perpetual in

ventory procedure is
Business
1 answer:
tamaranim1 [39]3 years ago
4 0

Answer:

Dr Work in Process Inventory for $6,000

Cr Manufacturing $6,000

Explanation:

Preparation of The journal entry under perpetual inventory procedure

Based on the information given if the Manufacturing overhead was applied to production at 60% of the direct labor cost of the amount of $10,000 which means that The journal entry under perpetual inventory procedure is :

Dr. Work in Process Inventory for $6,000

Cr Manufacturing $6,000

(60%*$10,000)

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Alexxandr [17]

Answer:

=$11,439.96(Approx)

Explanation:

Consider the following calculations

Present value of annuity=Annuity[1-(1+interest rate)^-time period]/rate

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200,000=Annuity*17.48257135

Annuity=200,000/17.48257135

=$11,439.96(Approx)

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4 years ago
Mitch is a director and officer of Numero Uno, Inc. Mitch makes a marketing decision that results in a dramatic decrease in prof
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Answer:

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3 years ago
Which process is used to select more than half of federal civilian workers?
VMariaS [17]
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