Answer:
Dr Equipment $22,843
Dr Licence expenses $210
Drr Prepaid Insurance $875
Cr Cash $23,928
Explanation:
Journal entry for Bench Company
Dr Equipment $22,843
($22,175+$443+$225)
Dr Licence expenses $210
Dr Prepaid Insurance $875
Cr Cash $23,928
Answer:
15,540
Explanation:
Depletion = depletion rate x (gross income - expenses)
0.14 x ($340,000 - $229,000) = 15,540
The firm will face multiple marginal revenue curves.
Hoping this helps
Answer:
B) The size of the potential accounts in Max's territory
Explanation:
The question that is most relevant to a sales manager evaluating Max will be the size of the potential accounts in Max's territory because Max sells his batting average is by far the highest in the firm – .400 and his average order is the lowest – $3,000 in which he only saves himself by making a large number of calls per day (5) while working 275 days a year which is why As Max's sales manager, before talking with Max the one fact I would like to know will be The size of the potential accounts in Max's territory.
Answer:
Option (D) is correct.
Explanation:
Overhead rate = Budgeted overhead ÷ budgeted direct labor hour
= $300,000 ÷ 30,000
Overhead rate = $10 per labor hour
Overhead applied:
= Overhead rate × Actual direct labor hours worked
= $10 per labor hour × 36,000
= $360,000
Therefore, the amount of overhead applied for the year is $360,000.