Production process involves different type of cost and expenses, manufacturing overhead account is one and it is debited when overhead applied is less than the actual overhead costs incurred.
<h3>What is manufacturing overhead cost?</h3>
It is the sum of all the indirect costs that were spent while manufacturing a product.
The amount in the manufacturing overhead account can either be a debit or credit.
It is a debit when the overhead is less than the actual overhead costs that were spent.
Therefore, The manufacturing overhead account is debited when the overhead applied is less than the actual overhead costs incurred.
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Answer:
$2.41
Explanation:
1 January-September 30 84,180*9/12=63,135
1 October-31 December (84,180+30,000)*3/12=28,545
Weighted average of common stocks outstanding =91,680
Earning per share (EPS)=Net Income/Weighted average common stocks
EPS=$221,062/91,680
EPS=2.41
Answer:
These are the options for the question:
A) deregulation
B) socialism
C) totalitarian ideologies
D) command economies
And this is the correct answer:
A) deregulation
Explanation:
According to the information in the question, the nation of Zorwaya is regime where political leadership has tight control over economic matters. The highest authority controls both prices and production (a staple of socialism and planned economies), and opposes most foreign investment, only allowing it after strict scrutiny and tight control.
In this nation, political leadership would oppose deregulation because this would reduce their power over the economy. Deregulation would likely mean easening price controls, allowing production to flow more freely, or lifting restrictions to foreign capital, things that Zorwaya's leaders oppose.
Marietta is a part of A WORK GROUP.
The correct option is B.
A work group is made up of members, who can represent one unit or department and these members work independently but at the end of the day they pool their outputs together. The characteristic feature of work groups include the following: individual accountability, focus is on individual goals, production of individual work product, defined individual roles, tasks and responsibilities, etc.
