Answer:
b. Manufacturing Overhead Control.
Explanation:
As we know that, indirect labor cost is a manufacturing overhead which deals with all types of indirect cost like - indirect material, indirect labor, Factory machinery depreciation, rent, and salaries expense to the manufacturing personnel, etc
These are the costs that are not directly connected to the product's production.
So, in the given case, the indirect labor cost is normally recorded to the debit side of the manufacturing overhead control account
Answer:
No, she did not
Explanation:
In this question, we are asked to answer if Mae stayed within her budget, given her budget and the total amount she later spent.
To solve this problem, what we need to do is to add up all what she budgeted. Afterwards we add up all she spent. Then , we see the difference between the two to actually know if she stayed within her budget of not.
We proceed as follows:;
Let’s calculate budgeted amount: This is ; 180 + 475 + 15 + 50 + 65 + 25 + 150 + 30 = $990
Now, let’s calculate how much she later spent; That would be; 182 + 475 + 12 + 65 + 68 + 12.5 + 36 + 150 = $1000.5
We can see that she spent more that the amount she had budgeted. This means she didn’t stay within the total amount allocated for her budget
Answer:
There are a lot of ways to improve the situation. Some examples are explained below.
Explanation:
To begin with, try to stimulate as much as possible the kids of the audience that is going to buy the candies. In the case that the kids arrive at home and say that they love those candies or they really wanted then the parents will go and buy them those, even if it is also for other kids. In other case, the company can also promote the purchase of those candies alongside the purchase of the most buyed candies, so that means that, if a person goes to buy a candy there can be an offer of buying the two candies together or even to reduce the price when buying a great amount of only the less wanted candy. All those examples will in fact try to stimulate the decision making process of the consumers regarding the factors that determinate that process, such as personal factors, etc.
Answer:
TRUE
Explanation:
The expected overhead cost for the period are allocated over a cost driver ussually; labor hours, machine hours or labor cost.
This is done when the company generated their budget for the upcomming period thus, at the beginning of the accounting period.
Then, at year-end or end-of-the-month the company will adjust the overhead against the actual overhead cost.
Answer:
$152,000 & $275,000.00 respectively
Explanation:
The cost of land will include legal fees;
Therefore: The cost of land is $ 150,000.00 + $ 2,000.00
=$152,000
Cost of building: Architect’s fees +Construction cost
=$25,000.00+$250,000.00
= $275,000.00