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Kazeer [188]
3 years ago
14

Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direc

t labor-hours to be worked during the year. Actual costs and activity during the year were:
Business
1 answer:
Oxana [17]3 years ago
5 0

Answer:

A) the underapplied overhead is $1,000

Explanation:

The computation of the under applied or over applied is as follows;

Actual Overhead $38000

Overhead e Applied (18,500 × $2) $37,000

Underapplied $1,000

Since the actual overhead is more than the overhead applied so it would be underapplied overhead

hence, the underapplied overhead is $1,000

The same is to be considered

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Under what type of compensation plan is the agent responsible for the costs of advertising and promotion?
Oksana_A [137]

Answer:

100% plan

Explanation:

The 100% plan is when the agent doesn't have a base salary and the job pay depends completely on the comission for selling products. This compensation plan provides a big earning potential and the agent is an independent contractor and would have to cover costs of advertising and promotions. Because of that, the answer is that the type of compensation plan in which the agent is responsible for the costs of advertising and promotion is the 100% plan because the agent is not considered an employee and only receives the comission and has to cover the costs associated with advertising and promotion.

5 0
3 years ago
When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser
UkoKoshka [18]

Answer:

Interview

Explanation:

An interview is an official conversation between an interviewer and interviewee. The purpose of the interview is to asses whether the interviewee qualifies to hold the position. The interview process usually takes place on the employer premises. Apart from academic and work experience, the recruiting manager assesses other qualities that would make the candidate suitable to work in that organization. Such traits may include teamwork and leadership.

When conducting interviews, an employer will invite several qualified candidates.  The interviewer or the interviewing panel scores each candidate and selects the best. The interview presents the candidate with an opportunity to learn fine details about a potential employer. Specific detail about the job, such as the terms and conditions, are disclosed.  

3 0
3 years ago
On November 1, Year One, a company is paid $12,000 in advance to do a job for a customer. The job has ten separate steps. The fi
Sav [38]

Answer: a. At the end of Year One, the company's liabilities are understated.

Explanation:

Under the Accrual basis of Accounting, revenue should be recorded for only jobs that have been completed. In other words, only earned revenue should be recorded. Revenue that has not been earned but yet received, is to be termed Deferred revenue and should be treated as a current liability.

In this scenario, there are steps that have not been completed so some of the revenue received should be termed deferred revenue. These should therefore be in current liabilities and because they were not, the liabilities for the end of year 1 will be understated.

7 0
3 years ago
Which answer best describes an unsubsidized federal loan?
svet-max [94.6K]
An unsubsidized federal loan is one of the loans granted by the federal government to eligible students.

<span>This loan helps the student cover the cost of higher education at a community college, trade, career or technical school, or a 4-year college or university.
</span>
Unsubsidized federal loan or direct unsubsidized loan are available for undergraduate and graduate students. The amount you can borrow will be determined by the school. Their basis will be your cost of attendance and other financial aid you are receiving. You are the one paying off the interest incurred in this loan during all periods. In the event of non-payment, said interest will accrue and be capitalized.
5 0
4 years ago
PLEASE HURRY!!! With technology, music can be developed and incorporated into which of the following?
weeeeeb [17]

B is the answer.

Websites, games and presentations can all have music incorporated into them. In each of the other three options there is at least one item that is text based that would not have music incorporated into it.

3 0
3 years ago
Read 2 more answers
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