Answer:
3. MOH allocated to job= predetermined MOH rate * actual amount of allocation base used by the job
Explanation:
3. MOH allocated to job= predetermined MOH rate * actual amount of allocation base used by the job
The predetermined overhead rate is used to apply manufacturing overhead costs to production jobs. the quantity of a cost driver required by a particular job is multiplied by a predetermined overhead rate to determine the amount of overhead cost applied to the job.
An estimate is made of
- the amount of manufacturing over head that will be incurred during a specific period of time and
- the amount of the cost driver ( or activity base) that will be used or incurred during the same time period. the predetermined overhead rate is computed as follows
Predetermined Overhead Rate= Budgeted Manufacturing Overhead Cost/ Budgeted amount of cost driver
The predetermined overhead rate is used to apply manufacturing overhead costs to production jobs. The quantity of the cost driver ( or activity base ) required by a particular job is multiplied by the predetermined overhead rate to determine the amount of overhead cost applied to the job.
Answer:
A. A balance sheet shows the total assets, liabilities, and owner's
equity at the end of the period
Explanation:
As we know that
The income statement recognized only the income earned and expenses incurred of an organization
While on the other hand the balance sheet shows the financial position, profitability of the company. It involves assets, liabilities and stockholder equity
So according to the given options, the option A is correct
hence, the rest of the options would be incorrect
Answer:
it depends on the business
Explanation:
when the business is small there will be less department but if the business is big then there will be more department
<span>It is easier to quantify paid work done outside the home over unpaid housework and childcare because traditional means of tracking economic activity, such as the gross domestic product (GDP) can be used. Housework on the other hand is not easily measurable because the traditional means of tracking economic activity do not take account of non-exchange, non-market household activity. </span>
The answer is B . because i said so .
