Which of these methods will remove a custom tab stop?

Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct

MaRussiya [10]

Answer:

c. Under applied $ 1,340

Explanation:

Computation of predetermined overhead rate

Estimated manufacturing overhead $ 594,960

Estimated direct labor hours 22,200 hours

Predetermined overhead rate per direct labor hour

$ 594,960 / 22,200 hours $ 26.80 per hour

Actual Direct Labor hours 22,150 hours

Applied overhead at predetermined direct labor rate

$ 26.80 * 22,150 hours $ 593,680

Actual overhead $ 594,960

Overhead under applied $ ( 1,340)

5 0

2 years ago

Cost ConceptOn February 3, Clairemont Repair Service extended an offer of $360,000 for land that had been priced for sale at $40

guajiro [1.7K]

Answer:

The land should be recorded in Clairemont Repair Service’s records at $380,000

Explanation:

According to the historical cost principle, the recording of the fixed assets should be recorded at the purchase price or cost price which is to be shown in the assets side under the balance sheet.

So, according to the question, on February 28, the repair service accepted the seller's counteroffer which means that the land was purchased on February 28 for $380,0000. So, by $380,000 amount, the land would be recorded.

Other costs which are mentioned in the question is ignored.

7 0

3 years ago

lindsay took out a(n) to purchase her new home she use in the form of the property to back the leon lindsay also paid money in a

Afina-wow [57]

Answer: Lindsay took out a Loan to purchase her new home. Lindsay also paid money in advance this is known as a down payment. If Lindsay dose not make her loan payment on time the bank will most likely foreclose.

6 0

2 years ago

Read 2 more answers

Appleville is a village that specializes in all forms of apple products. Suppose that each winter, when no apples are being prod

OverLord2011 [107]

The type of fiscal policy which might be most effective in correcting this problem is:

C) Increasing government spending in order to increase aggregate demand.

According to the given question, we are asked to state the type of fiscal policy which might be most effective in correcting this problem of the village which loses its aggregate output.

As a result of this, we can see that the fiscal policy which can solve this problem is by increasing the government spending so that the aggregate demand would be increased.

Therefore, the correct answer is option C