1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nevsk [136]
2 years ago
6

If the amount of factory overhead cost incurred exceeds the amount applied, the factory overhead account will have a:______

Business
1 answer:
EastWind [94]2 years ago
6 0

Answer: D

Explanation:

You might be interested in
Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the health-care industry, a
SVEN [57.7K]

Answer and Explanation:

The computation of receivables turnover ratio and average collection period for Sun Health and Select Medical is shown below:-

For Sun health

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,630 ÷ (($300 + $287) ÷ 2)

= $3,630 ÷ 293.5

= 12.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 12.37 times

= 29.5 days

For Sun medical

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,940 ÷ (($499 + $438) ÷ 2)

= $3,940 ÷ 468.5

= 8.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 8.41 times

= 43.4 days

6 0
4 years ago
Megg Stallion wants to open an account with a balance of about 300, issued checks 50, and makes 6 deposits each month. Which ban
Zigmanuir [339]

Answer: Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance required and no interest earning.

Explanation:

I searched further online and got the options. The correct option will be "Regular checking account with a monthly fee $4 for an unlimited number of checks,no monthly balance Required and no interest earning"

Since Megg has an opening balance of 300, she can't open a account that requires a minimum balance of 400. Likewise, it'll be unwise to charges $6 monthly when the balance in the account falls below 300.

Therefore, she should open this account with a monthly fee of $4 and no minimum monthly balance required since the cost of keeping the account is cheaper and better than others.

8 0
3 years ago
Which of the following is true? A nation can have a comparative advantage in the production of a good only if it also has an abs
Kamila [148]

Answer: <u><em>A nation cannot have a comparative advantage in the production of every good.</em></u>

The principle of comparative advantage states that under free commerce, an representative will produce more of and consume less of a commodity for which they have a comparative advantage. Comparative advantage is the economic experience depicting the work increase from trade for individuals or nations, which originate from differences in their factor endowments or technological progress.  

7 0
3 years ago
A firm pays Pam $40 per hour to assemble personal computers. Each day, Pam can assemble 4 computers if she works 1 hour, 7 compu
kherson [118]

Answer:

$1,840

Explanation:

In order to calculate the Marginal cost of producing the computers in 2nd hour of work, we need to add the marginal cost of computer and marginal cost of wage in the 2nd hour of work.

MC = MC(computers) + MC(wage)

MC = $1,800(w) + $40

MC = $1,840

Working

MC (computers ) = 3 x 600$ = $1,800

                hour        computers assembled

                    1st                        4

                    2nd                      7

If pam works 2 hours she can assemble 7 computers but she already assembled 4 computers in 1st hour.

So the 2nd-hour computers will be 3 ( 7 - 4) computers.

4 0
3 years ago
Refer to the following selected financial information from Dodge Company. Compute the company's acid-test ratio. Cash $ 42,250 S
Vikki [24]

Answer:

company's acid-test ratio is 1.63. Option e

Explanation:

Acid test ratio is similar to current ratio. However, current assets difficult to liquidate such as inventory are usually not included in the total current asset computation

Given,

Cash = $ 42,250

Short-term investments = 60,000

Accounts receivable, net = 79,500

Merchandise inventory = 115,000

Prepaid expenses = 9,700

Accounts payable = 111,400

Acid test = (42250 + 60000 + 79500 + 9700)/111400

               = 181750/111400

               = 1.63

Option e.

8 0
3 years ago
Other questions:
  • If you have a low credit score, lenders are more likely to give you what type of interest rate? A. A low interest rate B. A high
    6·1 answer
  • For a perfectly competitive​ firm, the price of its good is equal to the​ firm's marginal revenue because
    10·1 answer
  • The following are selected 2017 transactions of Sean Astin Corporation.
    6·1 answer
  • Due to the terms of its​ lease, ​Services, Inc., pays the rent for its new office space in one annual payment of on ​1, . The le
    12·1 answer
  • Preferred stock which confers rights to prior periods' unpaid dividends even if they were not declared is called:
    13·1 answer
  • Household consumers are the most conspicuous audience in that most mass media advertising is directed at them. T/F
    6·1 answer
  • The special fund established by the legislature to help compensate victims of real estate licensee fraud is the: ____
    12·1 answer
  • The shareholder-debtholder conflict refers to:________
    5·1 answer
  • What is the effective annual interest rate of an investment that pays 14.75% per year with a compound frequency n= 2? (Answer pe
    13·1 answer
  • Someone you look up to? And why?
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!