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
Amiraneli [1.4K]
3 years ago
11

Argon Chemicals had a total overhead amount of $47,200 during the month of June. Of that total, 58% was related to the factory,

and 42% was related to the office building. On June 30, Argon should ________ the Manufacturing Overhead account for
A
credit; $27,376.
B
debit; $47,200.
You got it correct :
C
debit; $27,376.
D
credit; $47,200.
Business
1 answer:
andreyandreev [35.5K]3 years ago
6 0

Answer:

(C )  debit; $27,376.

Explanation:

The 58% portion related to factory expenses and  should be charged to Manufacturing Overhead (DR) as an indirect expense. This should be absorbed as part of production costs.

The Balance of 42% will be charged as general depreciation on office building.

You might be interested in
Work performance information and cost forecasts are main outputs of which process
Dovator [93]

Work performance information and cost forecasts are the main outputs of cost control.

<h3 /><h3>What is cost control?</h3>

It is the set of practices that assist in the control and organization of financial resources, in order to establish a budget that is a useful tool for greater understanding of income and expenses and greater coordination of the correct allocation of finances to fulfill your needs and for the achievement of objectives and goals.

In a company, cost control will help in effective positioning in the short and long term, helping to correctly understand the company's financial situation in a period, in addition to helping in the forecast of costs, expectations and planning as a whole.

Therefore, cost control is a set of tools that assists in the budget control of a company or an individual, being positive for the best organization of finances.

Find out more about budgeting here:

brainly.com/question/24940564

#SPJ1

3 0
1 year ago
In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did not make a $179 ele
Len [333]

Answer: His cost deduction would be $3,200

Explanation:

Without the mid-quarter convention Muhammad’s 2019 MACRS deduction would be $3,200 ($16,000 x .20). The mid-quarter convention slows down the taxpayers available cost recovery deduction.

8 0
3 years ago
A person who saves money for the future by buying a whole life policy A. pays the same premium for the same amount of term cover
Karolina [17]

Answer:

B. is able to accumulate tax-free interest earnings on cash values.

Explanation: whole life insurance policy also known as permanent life insurance,is an insurance policy where people who buy the policy are deferred from paying tax,this policy ensure that you pay the same amount of premium throughout the policy,it is a policy that is not termed and it doesn't expire it can last up to 120years.

6 0
2 years ago
The head of ABC Company announces that the company is going to start a weekend project teaching self-defense techniques to under
Mama L [17]

Answer:

Behavioral component

Explanation:

Attitude is the way we evaluate, prefer or reject a person or something which is determined by the information we have. General, it is how we tend to think or behave in a particular direction about a situation or something which is usually followed by feelings.

Attitude comprises of three components: cognitive, affective, and behavioral components.

The cognitive component of attitudes are the beliefs, characteristics and thoughts which are held by people about an object.

The affective component relates to emotions or feelings such hate, love or fear that are displayed by people toward something.

The behavior component of an attitude is they way a person intends or expects to behave toward an object. That is, it is an intention to react in a particular way toward an object or a situation.

Therefore, decision of Thomas to register for the project, as he is a trained kick-boxer, reflects the behavioral component of his attitude.

I wish you the best.

6 0
3 years ago
What must a landlord or homeowner post that informs workers that the homeowner is not responsible for the work being performed?
Phantasy [73]

Answer:

A notice of cessation

Explanation:

A notice of cessation is a written notice that is issued by the contractee or the owner of a project (or his or her agent) to inform concerned parties that no work has been performed at the project site for a certain period. This notice also sets the time frame within which the affected parties may carry out their lien rights against one another

5 0
3 years ago
Other questions:
  • In Maricaibo, incandescent lightbulbs are being replaced with fluorescent lightbulbs, which have fewer negative effects and many
    14·2 answers
  • Lisa and lena own a shop together. they are partners in their business of 2 years. lisa is a designer; lena is a seamstress. lis
    12·1 answer
  • According to the fiedler contingency model, high managerial control is characterized by ________.
    14·1 answer
  • Problem 4-6 (Algo) Income statement presentation; Discontinued operations; EPS [LO4-1, 4-3, 4-4, 4-5] Rembrandt Paint Company ha
    5·1 answer
  • "in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing dir
    9·1 answer
  • The FOMC believed in November 1994 that the target rate of unemployment was 6.25%. Given the official civilian unemployment rate
    10·1 answer
  • You are working closely with an experienced associate. He insists on completing a task a certain way, but you know there is a mo
    11·1 answer
  • 9. The controlling function of management could also be described as (1 point)
    5·1 answer
  • When will nekos be created?
    7·2 answers
  • Nipigon manufacturing has a cost of debt of 9 %, a cost of equity of 11%, and a cost of preferred stock of 10%. nipigon currentl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!