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aniked [119]
3 years ago
8

The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as: Mu

ltiple Choice 1. Adjusted overhead. 2. Estimated overhead. 3. Predetermined overhead. 4. Underapplied overhead. 5. Overapplied overhead.
Business
1 answer:
liubo4ka [24]3 years ago
5 0

Answer:

E. Over applied overhead

Explanation:

Over applied overhead is defined as excess amount of overhead applied during a production period over the actual overhead incurred during that period. In other words, it means excess overhead applied to work over the amount of overhead actually incurred.

When this occurs, it is called favourable variance and it is added to the budgeted profit in the end of the accounting period in a financial statement.

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Winsted Co. purchased a bond on December 1 of the current year for $ 49 comma 000 and classified the investment as trading. The
Anettt [7]

Answer:

Net income = $3000

C. $ 3 comma 000

Explanation:

For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included.

In this case.. There is only a buy and a sell trade.

Net income= selling price- cost price

Net income= $52000-$49000

Net income = $3000

4 0
3 years ago
2. What are some reasons the seller was willing to sell the product at this price?​
Setler79 [48]

To get it out of His hands

Explanation:

Just tired and ready to let it go

4 0
2 years ago
v91. If a U.S. dollar purchases 4 Argentinean pesos, and a gallon of milk costs $3 in the U.S. and 6 pesos in Argentina what is
Alla [95]

The real exchange rate is 1 dollar = 2 Argentine pesos

The exchange rate is an economic term to refer to the relationship between two currencies. The exchange rate establishes the proportion of value that exists between two currencies. For example:

  • 1 Dollar is equivalent to 4 Argentine pesos

However, this rate does not represent reality in some places, there may be situations in which the proportions established by the exchange rate are not faithful to reality. For example:

  • 3 Dollars or 6 Argentine pesos are used to buy 1 gallon of milk.

In this example, it is evident that in reality, the dollar is not equivalent to 4 Argentine pesos but to 2 due to the proportion of value concerning a product. Therefore, the real exchange rate is 2 Argentine pesos for every American dollar.

Learn more in: brainly.com/question/15169469

6 0
2 years ago
The leader-member exchange model (LMX)a. is based on subordinate contributions and leader inducements.b. clarifies the role of c
Reika [66]

Answer: Option C

 

Explanation: As per the leader- member exchange model,  the relationship between the senior and subordinate is based on the honesty and truth and extends beyond the employment relations.

This model is often used by the organisations that gives high importance to the employees and tries to maintain healthy relationships and positive environment within the workplace.

Hence from the above we can conclude that the correct option is C .

3 0
2 years ago
Which statement is false? a. Characteristics that would make a misstatement material include: The relative size of the misstatem
Sergeeva-Olga [200]

Answer:

The correct option is  "<em>d." Characteristics that would make a misstatement material include: The misstatement makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement.</em>

Explanation:

<em>A misstatement </em>is a false or incorrect statement. So a material misstatement is a significant statement that is false or incorrect. In the context of a financial audit, a material misstatement is untrue information in a financial statement that could affect the financial decisions of one who relies on the statement.

4 0
2 years ago
Read 2 more answers
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