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
dexar [7]
2 years ago
8

The Work in Process Inventory account of a manufacturing company has a $3,550 debit balance. The company applies overhead using

direct labor cost. The cost sheet of the only job still in process shows direct material cost of $1,610 and direct labor cost of $870. Therefore, the amount of applied overhead is:
Business
1 answer:
DanielleElmas [232]2 years ago
5 0

Answer:

$1,070

Explanation:

Calculation to determine the amount of applied overhead is:

Using this formula

Applied overhead = Total cost of WIP - Direct materials - Direct labor

Let plug in the formula

Applied overhead= $3,550 - $1,610 - $870

Applied overhead=$1,070

Therefore the amount of applied overhead is:$1,070

You might be interested in
Which of the following are advantages and characteristics of hot working relative to cold working (three correct answers):
Rashid [163]

Answer:

(a), (e), (f)

Explanation:

A)Fracture of workpart is less likely

E) Lower deformation forces are required F). More significant shape changes are possible

8 0
3 years ago
Data concerning Farm Corporation's single product appear below: Selling price per unit $ 320.00 Variable expense per unit $ 76.8
lara [203]

Answer:

$224,000

Explanation:

Contribution margin = Selling price - Variable cost

= $320 - $76.8

= $243.2

Contribution margin ratio = Contribution margin / Sales

= $243.2 / $320

= $0.76 × 100

= 76%

Break even point = Fixed cost / Contribution margin ratio

= $170,240 / 76%

= $224,000

7 0
3 years ago
Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own word
USPshnik [31]

The type of syllogism being used in the given sentence is a conditional syllogism.

<h3>What is Syllogism?</h3>

This refers to the use of reasoning in order to draw conclusions about something based on two premises.

Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.

This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.

Read more about syllogism here:
brainly.com/question/361872

6 0
2 years ago
A drop in the market price of a firm's common stock will immediately affect its:
Illusion [34]
It will directly affect its market capital
7 0
3 years ago
What is the difference between Singapore's economy and the US's economy
marusya05 [52]

Answer:

I hope this helps.

Singapore today, it is one of the world's fastest-growing economies. Its GDP per capita has risen to an incredible U.S. $60,000, making it one of the strongest economies in the world. With the US the growth in GDP - the value of goods and services in the economy - has generally been strong. The most recent data shows a 3.1% growth for the first quarter of 2019. This is lower than the 2018 peak of 4.2% (second quarter), which has been the highest level achieved during President Trump's administration.

Explanation:

4 0
3 years ago
Other questions:
  • You think you did a good job of matching employees to the job to get a good fit, but you want to make sure. Considering costs an
    5·1 answer
  • Which of the following situations will not generale stress?
    10·2 answers
  • "I am 27 years old and have just finished law school and passed the state bar examination. Now I am ready to begin my new career
    14·1 answer
  • Sam has two options this weekend. He could work at his job and earn $9/hour for three hours, or he could go to a show at the the
    9·1 answer
  • On October 2, 2019, Dave acquired and placed into service 5-year business equipment costing $70,000. No other acquisitions were
    11·1 answer
  • Having just one error on a cover letter may eliminate an applicant from being considered for employment. t/f
    7·2 answers
  • Jordan files his income tax return on a calendar-year basis. he is the principal partner of a partnership reporting on a june 30
    10·1 answer
  • In a one-tailed test, the rejection region is located under one tail (left or right) of the corresponding probability distributi
    8·1 answer
  • What other cost categories are not reflected in the budget above? And how much do you estimate they will cost
    6·1 answer
  • An investor is considering an investment that will pay $2,150 at the end of each year for the next 10 years. He expects to earn
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!