Answer:
Dr. Cr.
Work in process $73,000
Manufacturing overhead $13,000
Account Payable $86,000
Explanation:
The Direct cost are those which are directly attributable to the product or service under consideration. Indirect cost are those which cannot be directly assigned to product or service cost. All the direct cost is added to the work in process account and indirect cost are included in the manufacturing overhead account.
Answer:
The given statement is True.
If an investor buys enough stocks, he or she can, through diversification, eliminate all of the market risk inherent in owning stocks, but as a general rule it will not be possible to eliminate all market risk.
Answer:
Correct option is (c)
Explanation:
When the company repurchases common stock, it has to pay cash to the shareholders to gain rights on the stocks. So, cash decreases in this case.
Payment of dividend also decreases cash from balance sheet.
When company needs cash for investment or growth purpose, it issues common stock to raise funds, thereby increasing cash in the company's balance sheet.
When company gives more time to its debtors, receipt of cash is delayed thereby not increasing cash in balance sheet.
Purchase of new equipment will reduce cash balance.
So issue of new shares increase cash balance in balance sheet.
A country that US-based company Solar Solutions should consider entering and expanding its business is one that has democratic institutions and a market-based economic system.
<h3 /><h3>Business internationalization</h3>
It corresponds to a strategy adopted by companies that wish to expand their business to other countries based on an economic opportunity that increases competitiveness and profitability in the market.
Therefore, a democratic country based on the free market would be the ideal option for a company to go global to produce and sell its products and services more widely and based on the economic laws of supply and demand.
The correct answer is:
- A country that has democratic institutions and a market-based economic system.
Find out more information about internationalization here:
brainly.com/question/26330420
Answer:
$134,300
Explanation:
The computation of total manufacturing overhead is shown below:-
Variable manufacturing overhead = Variable manufacturing overhead cost per unit × Units produced
= $1.60 × 8,000
= $12,800
Total Manufacturing overhead = Variable manufacturing overhead + Fixed manufacturing overhead
= $12,800 + $121,500
= $134,300
So, for computing the total manufacturing overhead we simply applied the above formula.
