Answer:
The journal entry to record the flow of costs into Department 1 during the period for applied overhead is
Work In progress Account $150,000 (debit)
Manufacturing Overhead Account $150,000 (credit)
Explanation:
Applied overheads are determined by multiplying the Actual Activity (example hours) and Budgeted Overhead Rate. In Our question this figure is given as $150,000.
When Applying the Overhead to a product:
De-recognise the amount applied by reducing the Overhead account balances and Recognise the costs in the Work In Process Account by increasing it with amount applied.
Answer:
Letter A is correct.<em> Formation of a focus group to make sure the products meets user expectations.</em>
Explanation:
Using a focus group is an essential tool for an organization developing a new product that needs market research. The focus group is made up of a group of participants who come together for the purpose of analyzing a product or service marketing campaign and providing feedback on it.
There is a moderator responsible for listing questions about what is being reviewed, and ensuring that everyone contributes ideas and opinions. Companies typically use a variety of focus groups in different locations to ensure diversification of demographics, consumer behavior, purchasing history, and other relevant variables.
The biggest benefits seen from the focus group are: digital marketing tactics and rebranding.
Answer:
The correct answer is $2,580.
Explanation:
Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($15,350 - $3,200) / 6 years = $2,025 yearly depreciation expense.
Accumulated depreciation at Year 3 = $2,025 x 3 = $6,075
Net book value (NBV) becomes $15,350 - $6,075 = $9,275
New depreciation is ($9,275 - $1,535) / 3 years = $2,580 yearly depreciation expenses
Answer: 1.95%
Explanation:
Your after-tax return can be calculated by the formula;
= return * ( 1 - tax rate)
= 2.6% * ( 1 - 25%)
= 1.95%
Answer:
Partitioning a physical server into smaller virtual servers.
Explanation:
Basically, rather than having a physical hardware within the company to store information, server virtualization allow companies to store that information on a hosted offsite server
By doing this, company can obtain several benefits, such as:
- the companies could reduce cost by using less hardware.
- The company could recover data faster in case there is some sort of disaster that destroyed their office
- The server can be set up faster compared to physical server
