Answer:
$415 underapplied (debit balance)
Explanation:
Predetermined OH rate =
$116,500/$124,500 = 93%
OH applied = $114,500(.93)
= $106,485
Applied $106,485– Actual $106,900
= $415 underapplied (debit balance)
Therefore the entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include $415 underapplied (debit balance)
Because if you default on the loan they will go after the co-signer for the balance due. Since the co-signer has good credit he won't want to ruin it and that will make him a good bet that he will pay back the loan.
Answer:
Situation analysis
Explanation:
The situational analysis helps in collecting information about an incident or trend in the environment and changes in external and internal environment that constitutes to this change. This report is based on the situational analysis and the opinion is formed by considering the new market entrants, trade agreements, exports, technological implications, fewer taxes imposed on the imports, etc. These all factors present in the market are considered and industry specific data is interpreted using this information. This statement reflects the situational analysis of the industry.
Answer:
D
Explanation:
Encoding the message
Encoding p is the act of converting the idea into words pictures or gestures that will convey meaning. It consists in changing the information into some form of logical and coded message.
The encoding process is all about the purpose of communication and the relation between the sender and the receiver. In a formal situation, encoding involves:
Making sure a language is selected, selecting a medium of communication; and selecting an appropriate communication form
Answer:
Normal balance
Explanation:
Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification. Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.
Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.