Answer:
exist 139,200
Explanation:
Assume that Pell allocates manufacturing overhead based on machine hours, estimated 10,000 machine hours and exist 87,000 that implies that the standard cost per machine hour = exist 87,000 / 10,000 = 8.7 exist
Therefore the manufacturing overhead costs if Pell actually used 16,000 machine hours will be: 16000 x 8.7 = exist 139,200
Hello! the answer to your question is D. Net income is the accounting profit from the operations of the company during the period.
The answer is true. In economics, the supposition of ceteris paribus,
a Latin expression that means "with other things the same" is significant
in defining causation. It helps separate numerous independent variables touching
a dependent variable. Causal relationships among financial variables are hard
to separate in the real world, ever since most economic variables are typically
affected by more than one cause, but reproductions often hinge on a supposition
of independent variables.
Answer:
Dr Estimated Warranty Liability $8,600
Cr Spare Parts Inventory $8,600
Explanation:
The estimated warranty claim is worth $7,600 which means that the warranty claim must be debited by this amount as it was previously forecasted to be at $11,000 and in this month, the claim was worth $7,600. So decrease in warranty liability is necessary. Furthermore, the Spare Parts Inventory would be credited as the Spare parts would be used to fix the inventory which must be of $7,600 in value.
The double entry to record Warranty Repairs would be as under:
Dr Estimated Warranty Liability $8,600
Cr Spare Parts Inventory $8,600
Answer:
c. Adequate Resources
Explanation: it is very important for companies and organisations to have enough resources to carry out their daily target. When the lack of resources becomes severe, the business is in serious risk causing projects to be under equipped, creating inefficiencies, causing employees unnecessary pressure and taking longer hours to complete projects
