Answer:A/R, IR, NR
Explanation: Journal entry to record Dishonored note are as follows
A/R- Debit your Account Receivable for the total of principle and interest owned.
IR - Credit the interest revenue account for the interest amount receivable.
NR- Credit the notes receivable account for the principle balance.
The amount that it should budget for total expenses is: $456,103.
<h3>Budgeted total expense</h3>
Using this formula
Total expenses=(Yearly sales×38%)+ (Yearly sales×24%)
Let plug in the formula
Total expenses=$279,547+$176,556
Total expenses=$456,103
Therefore the correct option is A.
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Answer:
D.$400 over allocated
Explanation:
For computing the over-allocated or under-allocated amount, first, we have to determine the predetermined overhead rate which is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
= $371,000 ÷ 180,000 hours
= $2.06
Now we have to find the actual overhead which equals to
= Actual direct labor-hours × predetermined overhead rate
= 190,000 hours × $2.06
= $391,400
So, the ending overhead equals to
= Actual manufacturing overhead - actual overhead
= $391,000 - $391,400
= $400 over - applied
A shift in the number of vendors in a market affects the quantity offered at each price and, consequently, the supply. The supply curve moves to the right as the number of suppliers of an item or service rises.
<h3 /><h3>What is
supply curve?</h3>
Supply curve is the correlation between the goods and services supplied in a particular quantity for a period of the time. Maximum the quantity supplied is in the horizontal axis and the price is on the vertical axis.
Thus, A shift in the number of vendors in a market affects the quantity
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