Answer: Credit to manufacturing overhead of $67000.
Explanation:
The journal entry to record the application of Manufacturing Overhead to Work in Process would be:
Debit Work in Progress $67000
Credit Manufacturing overhead $67000.
( To record the application of manufacturing overhead to work in process).
As the president of the company, at a time when the prices are said to be rising, what is would do is to choose the Weighted average cost.
<h3>Why I would have to choose the Weighted average cost</h3>
This due to the fact that it is going to be more satisfactory to have the lower Bonus bill.
The year end bonus is an amount that is calculated from all of the net income from the year.
A lower net income is only going going to help to bring about a smaller bonus bill.
At a time when the prices are falling, the FIFO is what would be the best choice. It gives a smaller ending cost of inventory since the ending prices are going to be at their lowest.
Read more on FIFO here: brainly.com/question/12883706
The scenario that illustrates a resource risk when Tracy managed a project for a publishing company is option D. The copy editor for the textbook becomes seriously ill, so Tracy must hire a new copy editor.
<h3>What is
resource risk ?</h3>
A resource risk can be described as a chance that is been assumed that someone will fail to meet a goal as a result of lack of resources.
This is because the Resources can i encompass the financing, time, skilled workers and what is needed to achieve a particular goal, hence scenario that illustrates a resource risk when Tracy managed a project for a publishing company is copy editor for the textbook becomes seriously ill, so Tracy must hire a new copy editor.
The option for the question are :
A. The author thought that the publishing team would create the end-of-chapter questions and answers.
B. The original estimate for binding the books was two weeks. The bindery informs Tracy that it will take three weeks to complete the binding process.
C. The professor refuses to approve the cover of the book.
D. The copy editor for the textbook becomes seriously ill, so Tracy must hire a new copy editor.
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The United States may have a tariff on cotton products from China in order to protect the business of the American cotton growers and manufacturers. The correct answer is B.