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Karolina [17]
3 years ago
5

When the purchasing company bears the liquidation expenses it will debit the expenses to:_______

Business
1 answer:
MatroZZZ [7]3 years ago
8 0

Answer:

c. Goodwill Account

Explanation:

In the case when the company is in liquidation and the purchasing company paid the liquidation expense as it is beared by them so here the expenses would be debited to the goodwill account

Therefore as per the given situation, the option c is correct as the liquidation expenses should be debited to the goodwill

So the rest of the options are wrong

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Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
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Answer:

$11,000 under applied

Explanation:

To compute the under or over applied overhead, we need to find out the predetermined overhead rate

Predetermined overhead rate = Total estimated manufacturing overhead ÷ Estimated machine hours

= $4,100,000 ÷ 500,000

= $8.2

Then, the overhead applied is;

= Actual machine hours × Predetermined overhead rate

= 495,000 × $8.2

= $4,059,000

Now, the under applied or over applied overhead is

= Actual annual overhead cost - Applied overhead

= $4,070,000 - $4,059,000

= $11,000 under applied

3 0
3 years ago
Please explain the difference between the assistant to the regional manager and the regional manager.
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Assisant regional manager is like the next step down from regional manager,An assistant regional manager is what Dwight shrute wants to be.An assistant to the regional manger is what Dwight Shrute really is.Does that make sense?

6 0
3 years ago
Project Z will result in unit sales of 2,250, at a price of $650 each. The variable cost (VC) of each unit is $325. The cost acc
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I’m not tooooo sure but I think it’s a
6 0
3 years ago
The best criterion to analyze the effectiveness of an advertisement for applicants is to measure the: a. cost of the ad per appl
timama [110]

Answer:

<em>d. performance level of the hired applicants generated by the ad.</em>

Explanation:

<em>The best way to examine the effectiveness of an ad for applicants is to calculate the </em>performance level of the hired applicants generated by the ad.

<em>Because by the performance level of the hired applicants, we can easily judge how much effective the ad remains.  </em>

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Gdp includes the value of all select one:
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